Technical Coverage on Trucking Equities - Hertz Global Holdings, Avis Budget, Swift Transportation, Werner Enterprises, and Ryder System
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LONDON, December 11, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Hertz Global Holdings Inc. (NYSE: HTZ), Avis Budget Group Inc. (NASDAQ: CAR), Swift Transportation Company (NYSE: SWFT), Werner Enterprises Inc. (NASDAQ: WERN), and Ryder System Inc. (NYSE: R). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, December 10, 2014, the NASDAQ Composite ended at 4,684.03, down 1.73%, the Dow Jones Industrial Average declined 1.51%, to finish the day at 17,533.15, and the S&P 500 closed at 2,026.14, down 1.64%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Industrials Sector Index ended the day at 476.27, down 1.89%, while the index has advanced 2.47% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Wednesday, shares in Hertz Global Holdings Inc. fluctuated between $22.51 and $23.54 before ending the session 4.07% lower at $22.63. The stock reported a trading volume of 7.98 million shares, below its three months average volume of 11.11 million shares. Shares of the company traded at a PE ratio of 19.98. Although, Hertz Global Holdings Inc.'s shares have advanced 2.82% in the last one month, it has lost 6.56% in the previous three trading sessions and 20.93% on YTD basis. The company's stock is trading above its 50-day moving average of $22.40. Moreover, shares of Hertz Global Holdings Inc. have a Relative Strength Index (RSI) of 52.51. Sign up and read the free notes on HTZ at:
http://get.Investor-Edge.com/pdf/?c=Hertz%20Global%20Holdings&d=11-Dec-2014&s=HTZ
Avis Budget Group Inc.'s stock lost 1.56%, to close the day at $61.28. The stock recorded a trading volume of 1.67 million shares, below its three months average volume of 2.39 million shares. The stock oscillated between $61.25 and $62.56 during the session. Over the last one month and since the start of this year, Avis Budget Group Inc.'s shares have gained 5.71% and 51.61%, respectively. However, the stock has lost 2.85% in the previous three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 200-day moving average of $56.67 is above its 50-day moving average of $55.87. Additionally, Avis Budget Group Inc.'s stock traded at a PE ratio of 20.60 and has an RSI of 62.03. The complimentary notes on CAR can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Avis%20Budget&d=11-Dec-2014&s=CAR
On Wednesday, shares in Swift Transportation Co. recorded a trading volume of 2.68 million shares, higher than its three months average volume of 2.17 million shares. The stock ended the day at $27.75, which was 0.11% below its previous day's closing of $27.78, and registered an intraday range of $27.15 and $27.91. Shares of the company traded at a PE ratio of 28.98. Swift Transportation Co.'s shares have surged 8.82% in the last one month, 32.58% in the previous three months and 24.94% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $24.49 and $23.70, respectively. Furthermore, shares of Swift Transportation Co. have an RSI of 59.50. Register for free on Investor-Edge and access the latest research on SWFT at:
http://get.Investor-Edge.com/pdf/?c=Swift%20Transportation&d=11-Dec-2014&s=SWFT
Werner Enterprises Inc.'s stock edged 0.07% higher, to close Wednesday's session at $30.16, after oscillating between $29.68 and $30.36. The stock recorded a trading volume of 0.67 million shares, above its three months average volume of 0.57 million shares. Over the last one month and the previous three months, Werner Enterprises Inc.'s shares have advanced 6.42% and 21.88%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 21.96%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $27.29 is above its 200-day moving average of $26.02. Further, Werner Enterprises Inc.'s stock traded at a PE ratio of 28.83 and has an RSI of 63.24. The complete research on WERN is available for free at:
http://get.Investor-Edge.com/pdf/?c=Werner%20Enterprises&d=11-Dec-2014&s=WERN
Ryder System Inc.'s stock finished Wednesday's session 2.83% lower at $88.81. A total of 0.61 million shares were traded, which is on par with its three months average volume. The stock moved between $88.57 and $91.52 during the session. Ryder System Inc.'s shares have declined 4.80% in the last one month and 3.33% in the previous three months. However, the stock has surged 20.37% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $88.73 is greater than its 200-day moving average of $86.08. Ryder System Inc.'s stock traded at a PE ratio of 17.19 and has an RSI of 49.46. Free in depth research on R is available at:
http://get.Investor-Edge.com/pdf/?c=Ryder%20System&d=11-Dec-2014&s=R
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