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Zacks Investment Research downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) to Hold in a report released today.

Just yesterday Rush Enterprises, Inc. (NASDAQ:RUSHA) traded 0.56% higher at $25.45. Rush Enterprises, Inc.’s 50-day moving average is $23.63 and its 200-day moving average is $21.36. The last stock price is up 18.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 132,640 shares of RUSHA traded hands, down from an average trading volume of 160,580

Zacks Investment Research has downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) to Hold in a report released on 10/5/2016.

Recent Performance Chart

Rush Enterprises, Inc. (NASDAQ:RUSHA)

Rush Enterprises, Inc. has 52 week low of $14.19 and a 52 week high of $27.45 with a PE ratio of 24.27 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is $22.50 with one analyst rating the company a strong buy, one analyst rating the company a buy, seven analysts rating the company a hold, one broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Rush Enterprises, Inc. (NASDAQ:RUSHA)

Rush Enterprises, Inc. is a retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. The Company, through its Rush Truck Centers, offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus or Blue Bird. At its Rush Truck Centers, the Company offers third party financing to assist customers in purchasing new and used commercial vehicles. Additionally, the Company sells, as agent through its insurance agency, a line of property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance and credit life insurance.

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