Universal Logistics Holdings Inc (NYSE:ULH) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded Universal Logistics Holdings Inc (NYSE:ULH) to Sell in a report released on Wednesday September 28, 2016.
Boasting a price of $13.06, Universal Logistics Holdings Inc (NYSE:ULH) traded 1.74% higher on the day. With the last close down -6.64% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $13.46 and a 200-day moving average of $14.37. 10,540 shares of Universal Logistics Holdings Inc traded, down from an avg. volume of 13,838
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Universal Logistics Holdings Inc has a one year low of $11.12 and a one year high of $18.31 with a P/E ratio of 10.93 Universal Logistics Holdings Inc’s market capitalization is currently $0.
Also covering Universal Logistics Holdings Inc's price target, a total of 5 brokerages have released a report on Universal Logistics Holdings Inc. The 12-month price target is $19.40 with 1 equity analyst rating the company a strong buy, one firm rating the stock a buy, four analysts rating the company a hold, 0 brokerages rating the stock a underperform, and lastly zero brokers rating the stock a sell.
Brief Synopsis On Universal Logistics Holdings Inc (NYSE:ULH)
Universal Logistics Holdings, Inc., formerly Universal Truckload Services, Inc., is an asset-light provider of transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment. The Company's operations aggregated in the transportation segment are associated with individual freight shipments coordinated by its agents, company-managed terminals and specialized services operations. The Company's operations aggregated in the logistics segment delivers value-added services and transportation services to specific customers, pursuant to contract terms of approximately one year or longer. Other operating segments consist of the Company's subsidiaries that provide support services to other subsidiaries and to owner-operators, including shop maintenance and equipment leasing. The Company owns approximately 20 terminal yards and other properties.
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