Knight-Swift Transportation Holdings Inc (KNX) kicked off at the price of $57.62: Venture capitalists have an exciting new opportunity

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Knight-Swift Transportation Holdings Inc (NYSE: KNX) on Friday, soared 2.51% from the previous trading day, before settling in for the closing price of $56.21. Within the past 52 weeks, KNX’s price has moved between $45.55 and $60.99.

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Industrials Sector giant saw their annual sales surged by 7.09% over the last five years. The company achieved an average annual earnings per share of -38.64%. With a float of $156.88 million, this company’s outstanding shares have now reached $161.38 million.

The firm has a total of 34800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 10.37%, operating margin of 2.62%, and the pretax margin is 0.8%.

Knight-Swift Transportation Holdings Inc (KNX) Breakdown of a Key Holders of the stock

Observing investor behavior towards Trucking industry stocks is more important than anything else. The insider ownership of Knight-Swift Transportation Holdings Inc is 3.10%, while institutional ownership is 94.69%. The most recent insider transaction that took place on Nov 14 ’24, was worth 28,552. In this transaction Director of this company sold 500 shares at a rate of $57.10, taking the stock ownership to the 30,729 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Executive Chairman sold 29,779 for $57.19, making the entire transaction worth $1,702,960. This insider now owns 0 shares in total.

Knight-Swift Transportation Holdings Inc (KNX) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -38.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.46% 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

Knight-Swift Transportation Holdings Inc (KNX) is currently performing well based on its current performance indicators. A quick ratio of 1.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 5032.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 2.11 in one year’s time.

Technical Analysis of Knight-Swift Transportation Holdings Inc (KNX)

Analysing the last 5-days average volume posted by the [Knight-Swift Transportation Holdings Inc, KNX], we can find that recorded value of 1.67 million was lower than the volume posted last year of 2.06 million. As of the previous 9 days, the stock’s Stochastic %D was 35.12%. Additionally, its Average True Range was 1.65.

During the past 100 days, Knight-Swift Transportation Holdings Inc’s (KNX) raw stochastic average was set at 74.98%, which indicates a significant increase from 60.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.39% in the past 14 days, which was higher than the 32.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $53.59, while its 200-day Moving Average is $51.97. Now, the first resistance to watch is $58.12. This is followed by the second major resistance level at $58.62. The third major resistance level sits at $59.53. If the price goes on to break the first support level at $56.71, it is likely to go to the next support level at $55.80. Now, if the price goes above the second support level, the third support stands at $55.30.

Knight-Swift Transportation Holdings Inc (NYSE: KNX) Key Stats

Market capitalization of the company is 9.56 billion based on 161,893K outstanding shares. Right now, sales total 7,142 M and income totals 217,150 K. The company made 1,877 M in profit during its latest quarter, and 30,460 K in sales during its previous quarter.