USA Truck, Inc. (NASDAQ:USAK) insider James D. Reed bought 1,000 shares of USA Truck stock in a transaction on Tuesday, November 6th. The shares were purchased at an average cost of $19.62 per share, for a total transaction of $19,620.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of USAK opened at $20.95 on Friday. USA Truck, Inc. has a 1-year low of $15.85 and a 1-year high of $29.15. The stock has a market cap of $178.52 million, a price-to-earnings ratio of -37.41 and a beta of 1.15. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 1.16.
USA Truck (NASDAQ:USAK) last announced its quarterly earnings results on Friday, October 26th. The transportation company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. USA Truck had a net margin of 4.20% and a return on equity of 14.44%. The business had revenue of $132.58 million during the quarter, compared to analysts’ expectations of $133.30 million. As a group, equities research analysts predict that USA Truck, Inc. will post 1.41 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently made changes to their positions in USAK. BlackRock Inc. increased its position in shares of USA Truck by 145.1% during the second quarter. BlackRock Inc. now owns 631,874 shares of the transportation company’s stock valued at $14,830,000 after acquiring an additional 374,110 shares during the last quarter. Millennium Management LLC grew its holdings in shares of USA Truck by 197.4% in the first quarter. Millennium Management LLC now owns 361,575 shares of the transportation company’s stock valued at $9,217,000 after purchasing an additional 240,008 shares in the last quarter. Boston Partners grew its holdings in shares of USA Truck by 36.9% in the second quarter. Boston Partners now owns 311,350 shares of the transportation company’s stock valued at $7,307,000 after purchasing an additional 84,000 shares in the last quarter. Northern Trust Corp grew its holdings in shares of USA Truck by 294.3% in the second quarter. Northern Trust Corp now owns 95,118 shares of the transportation company’s stock valued at $2,232,000 after purchasing an additional 70,997 shares in the last quarter. Finally, GSA Capital Partners LLP grew its holdings in shares of USA Truck by 315.0% in the second quarter. GSA Capital Partners LLP now owns 85,900 shares of the transportation company’s stock valued at $2,016,000 after purchasing an additional 65,200 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.
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About USA Truck
USA Truck, Inc, a truckload carrier, provides general commodities transportation services in the United States, Mexico, and Canada. It operates through two segments, Trucking and USAT Logistics. The Trucking segment offers truckload services as a medium to long-haul common carrier; and dedicated freight services.
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