UTi Worldwide Inc. (UTIW) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 7% in the past one-month time frame.
The company has seen a mixed track record. While there was one downward estimate revision over the past 30 days, the Zacks Consensus Estimate has not been in a trend over the same time frame. Yesterday’s price jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
UTi Worldwide currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
Better-ranked stocks in the transportation sector include Canadian Pacific Railway Limited (CP), Air China Limited (AIRYY) and The Greenbrier Companies, Inc. (GBX).
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