Zacks Investment Research upgraded P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) to Hold in a report released today.
- Updated: October 2, 2016
Zacks Investment Research has upgraded P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) to Hold in a report released on 09/28/2016.
Previously on 5/06/2016, Stifel Nicolaus reported about P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) lowered the target price from $39.00 to $35.00. At the time, this indicated a possible upside of 0.67%.
Yesterday P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) traded 3.09% higher at $19.12. The company’s 50-day moving average is $19.74 and its 200-day moving average is $21.21. The last stock close price is down -5.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 10,548 shares of the stock were exchanged, down from an average trading volume of 14,758
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P.A.M. Transportation Services, Inc. has a 52 week low of $14.75 and a 52 week high of $45.65 with a P/E ratio of 8.79 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is $35.00 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About P.A.M. Transportation Services, Inc. (NASDAQ:PTSI)
P.A.M. Transportation Services, Inc. is a holding company. The Company, through its subsidiaries, operates as a truckload transportation and logistics company. It operates in the motor carrier segment. It operates as a truckload dry van carrier transporting general commodities throughout the continental United States, as well as in certain Canadian provinces. It provides transportation services in Mexico under agreements with Mexican carriers. Its operations are classified into truckload services, or brokerage and logistics services. Truckload services include transportation services, in which it utilizes company owned trucks or independent operator owned trucks for the pickup and delivery of freight. The brokerage and logistics services consist of services, such as transportation scheduling, routing, mode selection, transloading and other services related to the transportation of freight, which may or may not involve the use of company owned or independent operator owned equipment.
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