U.S. Xpress Enterprises, Inc. (NYSE:USX – Get Rating) Chairman Max L. Fuller bought 29,043 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The shares were purchased at an average cost of $3.24 per share, with a total value of $94,099.32. Following the transaction, the chairman now directly owns 1,422,679 shares of the company’s stock, valued at $4,609,479.96. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Shares of U.S. Xpress Enterprises stock opened at $3.14 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a fifty day moving average price of $3.70 and a 200 day moving average price of $5.03. U.S. Xpress Enterprises, Inc. has a 1 year low of $2.54 and a 1 year high of $12.05.
U.S. Xpress Enterprises (NYSE:USX – Get Rating) last issued its earnings results on Thursday, May 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. U.S. Xpress Enterprises had a negative net margin of 0.03% and a positive return on equity of 1.62%. During the same quarter in the previous year, the firm earned $0.05 earnings per share. As a group, equities analysts expect that U.S. Xpress Enterprises, Inc. will post 0.34 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in U.S. Xpress Enterprises by 92.5% during the third quarter. Royal Bank of Canada now owns 3,547 shares of the company’s stock valued at $30,000 after buying an additional 1,704 shares during the period. Citigroup Inc. grew its position in U.S. Xpress Enterprises by 241.0% during the third quarter. Citigroup Inc. now owns 5,565 shares of the company’s stock valued at $48,000 after buying an additional 3,933 shares during the period. UBS Group AG grew its position in U.S. Xpress Enterprises by 2,614.4% during the third quarter. UBS Group AG now owns 6,786 shares of the company’s stock valued at $58,000 after buying an additional 6,536 shares during the period. BNP Paribas Arbitrage SA grew its position in U.S. Xpress Enterprises by 63.6% during the third quarter. BNP Paribas Arbitrage SA now owns 7,804 shares of the company’s stock valued at $67,000 after buying an additional 3,033 shares during the period. Finally, HHM Wealth Advisors LLC acquired a new stake in U.S. Xpress Enterprises during the first quarter valued at $36,000. Institutional investors own 34.56% of the company’s stock.
About U.S. Xpress Enterprises (Get Rating)
U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates through two segments, Truckload and Brokerage. The Truckload segment offers over-the-road trucking and contract services. The Brokerage segment provides non-asset-based freight brokerage services.
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