USA Truck Inc. (NASDAQ:USAK) shares rose 9.6% during mid-day trading on Friday . The stock traded as high as $19.24 and last traded at $19.16, with a volume of 58,435 shares traded. The stock had previously closed at $17.48.

Several research firms have issued reports on USAK. Stifel Nicolaus lowered shares of USA Truck from a “hold” rating to a “sell” rating and set a $15.00 price target for the company. in a research report on Thursday, April 7th. Zacks Investment Research lowered shares of USA Truck from a “buy” rating to a “hold” rating in a research report on Wednesday, May 25th. Finally, Cowen and Company upped their price target on shares of USA Truck from $20.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, May 6th.

The firm has a market capitalization of $174.57 million and a price-to-earnings ratio of 25.65. The stock’s 50 day moving average is $19.15 and its 200-day moving average is $17.46.

USA Truck (NASDAQ:USAK) last announced its quarterly earnings data on Thursday, May 5th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.05. During the same quarter in the previous year, the business earned $0.20 earnings per share. The firm had revenue of $110.62 million for the quarter, compared to the consensus estimate of $113.44 million. The firm’s revenue for the quarter was down 16.8% on a year-over-year basis. Equities research analysts anticipate that USA Truck Inc. will post $0.93 EPS for the current year.

In other news, Director Thomas M. Glaser acquired 2,493 shares of the firm’s stock in a transaction dated Monday, June 6th. The shares were purchased at an average cost of $19.85 per share, for a total transaction of $49,486.05. Following the transaction, the director now directly owns 14,927 shares of the company’s stock, valued at $296,300.95. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

A hedge fund recently bought a new stake in USA Truck stock. Oxford Asset Management acquired a new stake in shares of USA Truck Inc. (NASDAQ:USAK) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 78,195 shares of the company’s stock, valued at approximately $1,375,000. Oxford Asset Management owned about 0.75% of USA Truck at the end of the most recent reporting period.

USA Truck, Inc is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). The Trucking segment consists of truckload and dedicated freight services.

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