Knight-Swift Transportation Holdings Inc. (NYSE:KNX) went up by 4.09% from its latest closing price when compared to the 1-year high value of $39.26 and move down -16.09%, while KNX stocks collected -3.09% of loss with the last five trading sessions.
Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Worth an Investment?
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) scored price to earnings ratio above its average ratio, recording 13.95 times of increase in earnings at the present.
KNX Market Performance
KNX stocks went down by -3.09% for the week, with the monthly jump of 0.21% and a quarterly performance of 10.70%, while its annual performance rate touched 1.81%. The simple moving average for the period of the last 20 days is -5.26% for KNX stocks with the simple moving average of 5.58% for the last 200 days.
Analysts’ Opinion on Knight-Swift Transportation Holdings Inc. (NYSE:KNX)
Many brokerage firms have already submitted their reports for KNX stocks, with BofA/Merrill repeating the rating for KNX shares by setting it to “Buy”. The predicted price for KNX socks in the upcoming period according to BofA/Merrill is $43 based on the research report published on July 25, 2019.
Stifel, on the other hand, stated in their research note that they expect to see KNX stock at the price of $40, previously predicting the value of $39. The rating they have provided for KNX stocks is “Hold” according to the report published on July 25, 2019.
UBS gave “ Neutral” rating to KNX stocks, setting the target price at $40 in the report published on December 4, 2018.
KNX Stocks 1.62% Far from 50 Day Moving Average
After a stumble in the market that brought KNX to its low price for the period of the last 52 weeks, Knight-Swift Transportation Holdings Inc. was unable to take a rebound, for now settling with -13.86% of loss for the given period.
The stock volatility was left at 4.22%, however, within the period of a single month, the volatility rate increased by 4.83%, while the shares sank at the distance of -5.77% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +20.40% upper at the present time.
In the course of the last 5 trading sessions, KNX went down by -3.09%, which changed the moving average for the period of 200 days to the total of +10.09% of gains for the stock in comparison to the 20-day moving average settled at $35.59. In addition, Knight-Swift Transportation Holdings Inc. saw 34.90% in overturn over the period of a single year with a tendency to cut further gains.