U.S. Xpress Enterprises, Inc. (NYSE: USX – Get Rating) was the target of a large increase in short-term interest rates in April. As of April 15, there was a short interest rate totaling 2,310,000 shares, up 38.3% from a total of 1,670,000 shares as of March 31st. Based on an average daily trading volume of 704,500 shares, the short-term interest rate is currently 3.3 days. Currently, 9.5% of the company’s shares are sold in short supply.
In other news from Xpress Enterprises in the US, insider Eric A. Peterson bought 27,240 shares of the company’s shares in a transaction on Monday, February 14th. The shares were purchased at an average price of $ 3.74 per share, for a total transaction of $ 101,877.60. The transaction was disclosed in a file to the SEC, which can be accessed via this link. Also, President Max L. Fuller bought 147,725 shares of the company’s shares in a transaction on Thursday, February 17th. The shares were purchased at an average price of $ 4.02 per share, for a total transaction of $ 593,854.50. The disclosure for this purchase can be found here. In the last quarter, insiders bought 195,243 shares of the company worth $ 770,279. 30.54% of the shares are owned by people inside the company.
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A number of large investors have recently changed their holdings. Royal Bank of Canada has increased its stake in the U.S. Xpress Enterprises with 92.5% during the third quarter. Royal Bank of Canada now owns 3,547 shares of the company valued at $ 30,000, after acquiring another 1,704 shares in the last quarter. Citigroup Inc. has increased its stake in U.S. stocks. Xpress Enterprises up 241.0% during the third quarter. Citigroup Inc. now owns 5,565 shares of the company, valued at $ 48,000, after acquiring another 3,933 shares in the last quarter. UBS Group AG has increased its stake in U.S. Xpress Enterprises up 2,614.4% during the third quarter. UBS Group AG now owns 6,786 shares of the company, valued at $ 58,000, after acquiring another 6,536 shares in the last quarter. BNP Paribas Arbitrage SA has increased its stake in U.S. Xpress Enterprises up 63.6% in the third quarter. BNP Paribas Arbitrage SA now owns 7,804 shares of the company worth 67,000 USD, after acquiring another 3,033 shares in the last quarter. Finally, HHM Wealth Advisors LLC bought a new position in U.S. shares. Xpress Enterprises in the first quarter, valued at $ 36,000. 35.81% of the shares are held by institutional investors and hedge funds.
A number of research analysts have issued reports on USX shares. Wolfe Research has reduced U.S. shares. Xpress Enterprises from a “market performance” rating to an “underperformance” rating and set a target price of $ 5.00 per share. in a research report on Thursday, January 6th. Stephens has lowered its target price for U.S. stocks. Xpress Enterprises from $ 5.00 to $ 4.50 in a research report Friday, April 1st. Zacks Investment Research reduced U.S. shares Xpress Enterprises from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 15th. Finally, JPMorgan Chase & Co. reduced U.S. stocks Xpress Enterprises from a “neutral” rating to an “underweight” rating in a research report on Thursday, February 10th. Four analysts rated the shares with a sales rating, and two rated the company a retention rating. According to MarketBeat.com, the company currently has a consensus rating of “Sale” and a consensus target price of $ 7.13.
NYSE: USX traded at $ 0.03 on Friday, reaching $ 3.31. The company had a trading volume of 326,132 shares, compared to the average volume of 1,339,471. The stock has a market capitalization of $ 167.68 million, a price-to-earnings ratio of $ 15.76, a PEG ratio of $ 0.18 and a beta value of $ 1.64. The company has a current ratio of 0.80, a fast ratio of 0.80 and a debt / equity ratio of 1.04. The company has a 50-day moving average of $ 3.93 and a two-day moving average of $ 5.45. U.S. Xpress Enterprises has a 52-week low of $ 2.96 and a 52-week high of $ 12.05.
U.S. Xpress Enterprises (NYSE: USX – Get Rating) last published its quarterly earnings data on Wednesday, February 9th. The company reported EPS ($ 0.03) for the quarter, missing the Thomson Reuters consensus estimate of $ 0.08 ($ 0.11). The company had revenue of $ 531.61 million during the quarter