Saia Stock Soars (SAIA)
NEW YORK (
) -- Shares of
(Nasdaq:
) have taken a tremendous swing upward. The stock is trading at $14.97 as of 9:51 a.m. ET, 21% above Tuesday's closing price of $12.37. Volume is at 63,888, 0.7 times the daily average of 93,500.
Saia has a market cap of $212.5 million and is part of the
sector and
industry. Shares are down 19.6% year to date as of the close of trading on Tuesday.
Saia, Inc., an asset-based trucking company, provides transportation and supply chain solutions primarily to the retail, chemical, and manufacturing industries in the United States. The company has a P/E ratio of 29.6, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Saia as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full
.
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