Yellow (NASDAQ:YELLQ) Trading 10% Higher – Time to Buy?

Yellow Co. (NASDAQ:YELLQGet Free Report)’s stock price rose 10% during trading on Thursday . The stock traded as high as $0.55 and last traded at $0.55. Approximately 26,342 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 114,525 shares. The stock had previously closed at $0.50.

Yellow Stock Up 10.0 %

The company has a market capitalization of $28.67 million, a price-to-earnings ratio of -0.35 and a beta of 2.59. The company’s fifty day simple moving average is $3.94 and its two-hundred day simple moving average is $5.92.

About Yellow

(Get Free Report)

Yellow Corporation does not have significant operations. Previously, the company provided various transportation services primarily in North America. The company primarily offered less-than-truckload (LTL) shipments and supply chain solutions to ship industrial, commercial, and retail goods. It also provided customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components.

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