USA Truck Inc. (NASDAQ:USAK) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.21 and last traded at $11.33, with a volume of 40,096 shares trading hands. The stock had previously closed at $11.88.

A number of research firms recently issued reports on USAK. Cowen and Company dropped their target price on shares of USA Truck from $26.00 to $19.00 and set an “outperform” rating on the stock in a research report on Thursday, August 4th. Zacks Investment Research downgraded shares of USA Truck from a “hold” rating to a “sell” rating in a report on Thursday, July 7th.

The firm has a 50-day moving average of $16.11 and a 200-day moving average of $17.47. The firm has a market cap of $98.26 million and a PE ratio of 31.69.

USA Truck (NASDAQ:USAK) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by $0.29. The company earned $109.90 million during the quarter, compared to the consensus estimate of $113.18 million. During the same quarter in the prior year, the firm posted $0.23 earnings per share. USA Truck’s quarterly revenue was down 17.6% compared to the same quarter last year. Analysts forecast that USA Truck Inc. will post $0.43 EPS for the current year.

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

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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