UTi Worldwide Inc. (UTIW) in Focus: Stock Soars 20.3% – Tale of the Tape

Zacks

UTi Worldwide Inc. (UTIW) was a big mover last session, as the company saw its shares rise by over 20% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $10.87 to $11.80 in the past one-month time frame.

None of the estimates for this air delivery & freight services stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

UTi Worldwide currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the transportation sector include American Airlines Group Inc. (AAL), Hawaiian Holdings Inc. (HA) and Southwest Airlines Co. (LUV). All these stocks carry a Zacks Rank #1 (Strong Buy).

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