Shares of YRC Worldwide Inc. (NASDAQ:YRCW) rose 6.1% during mid-day trading on Friday . The company traded as high as $9.57 and last traded at $9.55, with a volume of 421,479 shares changing hands. The stock had previously closed at $9.00.

YRCW has been the subject of a number of research analyst reports. Zacks Investment Research raised YRC Worldwide from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 12th. Stifel Nicolaus reissued a “buy” rating and issued a $14.00 target price on shares of YRC Worldwide in a research report on Monday, June 27th.

The firm has a 50 day moving average price of $8.99 and a 200-day moving average price of $9.47. The company has a market capitalization of $318.26 million and a P/E ratio of 30.67.

YRC Worldwide (NASDAQ:YRCW) last issued its quarterly earnings data on Thursday, April 28th. The company reported ($0.37) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.38) by $0.01. During the same quarter in the prior year, the firm earned ($0.70) EPS. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.14 billion. The company’s revenue for the quarter was down 5.6% compared to the same quarter last year. Equities analysts predict that YRC Worldwide Inc. will post $0.99 earnings per share for the current fiscal year.

Other hedge funds have made changes to their positions in the company. Alambic Investment Management L.P. acquired a new stake in shares of YRC Worldwide during the fourth quarter worth about $1,105,000. Nationwide Fund Advisors raised its stake in shares of YRC Worldwide by 796.8% in the fourth quarter. Nationwide Fund Advisors now owns 191,341 shares of the company’s stock worth $2,713,000 after buying an additional 170,005 shares during the last quarter. American Century Companies Inc. raised its stake in shares of YRC Worldwide by 119.2% in the fourth quarter. American Century Companies Inc. now owns 209,825 shares of the company’s stock worth $2,975,000 after buying an additional 114,110 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of YRC Worldwide by 20.6% in the fourth quarter. California Public Employees Retirement System now owns 284,300 shares of the company’s stock worth $4,031,000 after buying an additional 48,500 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in shares of YRC Worldwide by 452.6% in the fourth quarter. Marshall Wace LLP now owns 513,700 shares of the company’s stock worth $7,284,000 after buying an additional 420,733 shares during the last quarter.

YRC Worldwide Inc (YRC Worldwide) is a holding company that, through its subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services. The Company has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

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