NEW YORK ( TheStreet) -- Heartland Express (Nasdaq: HTLD) hit a new 52-week high Wednesday as it traded at $17.23 compared with its previous 52-Week high of $17.18. Heartland Express is changing hands at $17.22 with 756,235 shares traded as of 3:06 p.m. ET. Average volume has been 439,400 shares over the past 30 days. Heartland Express has a market cap of $1.5 billion and is part of the services sector and transportation industry. Shares are up 2.5% year to date as of the close of trading on Tuesday.

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium-haul truckload carrier of general commodities in the United States. The company has a P/E ratio of 21.3, below the average transportation industry P/E ratio of 23.4 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Heartland Express as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Heartland Express Ratings Report.

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