Arkansas Best Rises On Unusually High Volume (ABFS)

NEW YORK (TheStreet) -- Arkansas Best Corporation (Nasdaq:ABFS) is trading at unusually high volume Wednesday with 880,659 shares changing hands. It is currently at 4.8 times its average daily volume and trading up 73 cents (+3.1%) at $24.59 as of 10:36 a.m. ET.

Arkansas Best has a market cap of $611.4 million and is part of the services sector and transportation industry. Shares are down 13% year to date as of the close of trading on Tuesday.

Arkansas Best Corporation, through its subsidiaries, engages in motor carrier freight transportation in the United States. It provides shipping services to its customers by transporting various large and small shipments to geographically dispersed destinations.

TheStreet Ratings rates Arkansas Best as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full Arkansas Best Ratings Report.

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