US Xpress Enterprises Inc (NYSE:USX) Director John C. Rickel acquired 2,500 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The stock was bought at an average price of $5.75 per share, with a total value of $14,375.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
USX stock traded up $0.14 during trading on Friday, hitting $6.27. The company had a trading volume of 4,300 shares, compared to its average volume of 242,806. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.86 and a quick ratio of 0.86. US Xpress Enterprises Inc has a 12 month low of $4.83 and a 12 month high of $16.94. The stock has a market capitalization of $291.04 million and a PE ratio of 3.96.
US Xpress Enterprises (NYSE:USX) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.03). US Xpress Enterprises had a return on equity of 24.13% and a net margin of 1.59%. The company had revenue of $415.36 million during the quarter, compared to the consensus estimate of $443.32 million. The business’s revenue was down 2.4% on a year-over-year basis. As a group, equities analysts expect that US Xpress Enterprises Inc will post 1.2 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA raised its position in US Xpress Enterprises by 1,533.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,769 shares of the company’s stock worth $32,000 after purchasing an additional 4,477 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in US Xpress Enterprises during the 4th quarter worth $48,000. Virtu Financial LLC acquired a new stake in US Xpress Enterprises during the 1st quarter worth $71,000. Jane Street Group LLC acquired a new stake in US Xpress Enterprises during the 1st quarter worth $80,000. Finally, Millennium Management LLC acquired a new stake in US Xpress Enterprises during the 4th quarter worth $83,000. Hedge funds and other institutional investors own 34.34% of the company’s stock.
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About US Xpress Enterprises
U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates through two segments, Truckload and Brokerage. The Truckload segment offers asset-based truckload services, including the over-the-road and contract services. The Brokerage segment provides non-asset-based freight brokerage services.
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