Yellow Corporation (NASDAQ:YELL) finished Friday with a subtraction of -$0.1 to close at $2.51, a downside of -3.83 percent. An average of 574,920 shares of common stock have been traded in the last five days. There was a fall of -$0.18 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 686,015 shares traded, while the 50-day average volume stands at 816,480.
YELL stock has decreased by -21.56% in the last month. The company shares reached their 1-month lowest point of $2.43 on 12/28/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $2.43 and a high of $13.63 in 52 weeks. It has reached a new high 1 time so far this year and lost -80.06% or -$10.08 in price. In spite of this, the price is down -81.58% from the 52-week high.
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YELL stock investors should be aware that Yellow Corporation (YELL) stock had its last reported insider trading activity 144 days ago on Nov 09. In this transaction, the insider spent $212,323. Chief Accounting Officer, Faught James R., disposed of 7,942 shares at a price of $7.60 on Aug 08. The insider now owns more than $60,361 worth of shares.
Yellow Corporation (YELL) stock’s beta is 2.80. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.02.
The quick ratio of Yellow Corporation for the three months ended June 29 was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $3.46 billion compared to revenue of $5.12 billion.
For the three-month period that ended June 29, Yellow Corporation had $1.49 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $4.8 million in the quarter, while revenues were shrunk -72.92%. The analyst consensus anticipated Yellow Corporation’s latest quarter earnings to come in at $0.45 per share, but it turned out to be $1.15, a 155.60% surprise. For the quarter, EBITDA amounted to $113.2 million. Shareholders own equity worth $52000.0.
From a technical analysis perspective, let’s take a brief look at Yellow Corporation (YELL) price momentum. RSI 9-day as of the close on 30 December was 31.84%, suggesting the stock is Neutral, with historical volatility in this time frame at 41.60%.
As of today, YELL’s price is $2.56 -6.69% or -$0.18 from its 5-day moving average. YELL is currently trading -19.03% lower than its 20-day SMA and -65.14% lower than its 100-day SMA. However, the stock’s current price level is -36.62% below the SMA50 and -68.94% below the SMA200.
The stochastic %K and %D were 9.25% and 7.67%, respectively, and the average true range (ATR) was 0.18. With the 14-day stochastic at 7.66% and the average true range at 0.20, the RSI (14) stands at 34.54%. The stock has reached -0.16 on the 9-day MACD Oscillator while the 14-day reading was at -0.36.
The consensus rating for Yellow Corporation (YELL) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell YELL, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is YELL’s price target for the next 12 months?
Analysts predict a range of price targets between $5.00 and $7.00, with a median target of $6.00. Taking a look at these predictions, the average price target given by analysts for Yellow Corporation (YELL) stock is $6.00.