Zacks Investment Research downgraded USA Truck, Inc. (NASDAQ:USAK) to Sell in a statement released earlier today.
- Updated: February 12, 2017
Zacks Investment Research has downgraded USA Truck, Inc. (NASDAQ:USAK) to Sell in a report released on Thursday February 09, 2017.
Previously on 2/8/2017, Avondale Partners reported about USA Truck, Inc. (NASDAQ:USAK) raised the target price from $0.00 to $7.25 that suggested an upside of 0.04%.
Having a price of $7.89, USA Truck, Inc. (NASDAQ:USAK) traded 5.51% higher on the day. The last closing price is down -18.00% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period. USAK has recorded a 50-day moving average of $9.03 and a 200-day moving average of $10.27. 182,626 shares of the stock were exchanged, up from an average trading volume of 88,266
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With a total market value of $0, USA Truck, Inc. has with a one year low of $6.85 and a one year high of $21.46 .
Also covering USA Truck, Inc.'s price target, a total of 4 brokers have issued a report on the company. The average target is $15.25 with zero equity analysts rating the company a strong buy, 1 firm rating the stock a buy, 1 firm rating the stock a hold, zero analysts rating the company a underperform, and lastly two equity analysts rating the company a sell.
Brief Synopsis About USA Truck, Inc. (NASDAQ:USAK)
USA Truck, Inc. is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). The Trucking segment consists of truckload and dedicated freight services. The SCS segment consists of freight brokerage and rail intermodal services. The Company transports full dry van trailer loads of freight from origin to destination without intermediate stops or handling. The Company offers a range of truckload and logistics services to a customer base that spans a range of industries. The Company's fleet of approximately 1,832 tractors consists of 1,568 company tractors and 264 independent contractor tractors. The Company owns approximately 6,200 trailers. The Company also transports general commodities into and out of Mexico by allowing through-trailer service from its terminal in Laredo, Texas.
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