On Monday, Knight-Swift Transportation Holdings Inc (NYSE: KNX) opened lower -3.11% from the last session, before settling in for the closing price of $51.45. Price fluctuations for KNX have ranged from $45.55 to $60.99 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 7.09%. Company’s average yearly earnings per share was noted -38.08% at the time writing. With a float of $156.82 million, this company’s outstanding shares have now reached $161.38 million.
Let’s determine the extent of company efficiency that accounts for 34800 employees.
Knight-Swift Transportation Holdings Inc (KNX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Trucking industry is another important factor to consider. The insider ownership of Knight-Swift Transportation Holdings Inc is 3.11%, while institutional ownership is 94.41%. The most recent insider transaction that took place on Aug 13 ’24, was worth 101,140. In this transaction Director of this company sold 2,000 shares at a rate of $50.57, taking the stock ownership to the 17,648 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Director sold 2,500 for $53.32, making the entire transaction worth $133,289. This insider now owns 21,833 shares in total.
Knight-Swift Transportation Holdings Inc (KNX) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -38.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.02% during the next five years compared to -10.64% drop over the previous five years of trading.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Trading Performance Indicators
Check out the current performance indicators for Knight-Swift Transportation Holdings Inc (KNX). In the past quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 2.38 in one year’s time.
Technical Analysis of Knight-Swift Transportation Holdings Inc (KNX)
Looking closely at Knight-Swift Transportation Holdings Inc (NYSE: KNX), its last 5-days average volume was 2.1 million, which is a jump from its year-to-date volume of 2.07 million. As of the previous 9 days, the stock’s Stochastic %D was 7.44%. Additionally, its Average True Range was 1.61.
During the past 100 days, Knight-Swift Transportation Holdings Inc’s (KNX) raw stochastic average was set at 41.03%, which indicates a significant increase from 2.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.55% in the past 14 days, which was lower than the 29.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.38, while its 200-day Moving Average is $52.55. However, in the short run, Knight-Swift Transportation Holdings Inc’s stock first resistance to watch stands at $51.46. Second resistance stands at $53.07. The third major resistance level sits at $53.94. If the price goes on to break the first support level at $48.98, it is likely to go to the next support level at $48.11. Now, if the price goes above the second support level, the third support stands at $46.50.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Key Stats
There are currently 161,611K shares outstanding in the company with a market cap of 8.07 billion. Presently, the company’s annual sales total 7,142 M according to its annual income of 217,150 K. Last quarter, the company’s sales amounted to 1,847 M and its income totaled 20,300 K.
