DALLAS, June 13, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring YRC Worldwide Inc. (Nasdaq:YRCW). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
YRC Worldwide Inc. (YRCW), through its wholly owned operating subsidiaries, offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics. Its operating subsidiaries include YRC National Transportation, which is a reporting unit for the transportation service providers focused on business opportunities in the regional national and international markets; YRC Regional Transportation is the reporting unit for the transportation service providers focused on business opportunities in the regional markets; YRC Logistics plans and coordinates the movement of goods worldwide to provide customers a single source for logistics management solutions; and YRC Truckload (Truckload) reflects the results of Glen Moore, a provider of truckload services throughout the United States.
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In the report, the analyst notes:
"Shares of YRCW hit a new 52-week low on Friday. The stock traded as low as $0.55 during the session before closing the day at $0.67, up almost 18% from the previous session. The stock saw trading at a volume of almost 4 million shares compared to the 10-day average of 47.77 million. YRCW remains below its 50-day moving average of $1.19 and below its 200-day moving average of $2.57. Market capitalization currently stands at $32.01 million and it has 47.77 million outstanding shares."
"The trucking operator last month reported a net loss of $102 million and $2.14 loss per share for the first quarter of 2011, narrowing the year-ago quarter loss of $274 million and $13.15 loss per share."
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