US Xpress Enterprises Inc (USX) Director John C. Rickel Acquires 5,000 Shares
US Xpress Enterprises Inc (NYSE:USX) Director John C. Rickel acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 6th. The shares were acquired at an average cost of $7.49 per share, for a total transaction of $37,450.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.
USX stock opened at $7.67 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.31. US Xpress Enterprises Inc has a 1 year low of $6.54 and a 1 year high of $16.94.
US Xpress Enterprises (NYSE:USX) last released its earnings results on Thursday, November 1st. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.05). The business had revenue of $460.23 million during the quarter, compared to analysts’ expectations of $462.27 million. The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.11) EPS. Sell-side analysts forecast that US Xpress Enterprises Inc will post 1.34 EPS for the current year.
A number of hedge funds have recently added to or reduced their stakes in USX. Penn Capital Management Co. Inc. bought a new position in US Xpress Enterprises during the 2nd quarter worth about $1,145,000. Emerald Advisers Inc. PA bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $15,314,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $14,347,000. Sei Investments Co. bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $1,341,000. Finally, Dean Capital Investments Management LLC bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $545,000.
TRADEMARK VIOLATION WARNING: This report was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://www.dailypolitical.com/2018/11/10/us-xpress-enterprises-inc-usx-director-john-c-rickel-acquires-5000-shares.html.
US Xpress Enterprises Company Profile
U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates in two segments, Truckload and Brokerage. The Truckload segment offers asset-based truckload services, including the over-the-road and contract services. The Brokerage segment provides non-asset-based freight brokerage services.
Featured Story: How is inflation measured?
Receive News & Ratings for US Xpress Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Xpress Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.