Universal Logistics Holdings Inc. (ULH) Plunges 7.89%

Universal Logistics Holdings Inc. (ULH) Plunges 7.89%

Universal Logistics Holdings Inc. (ULH) had a rough trading day for Monday October 28 as shares tumbled 7.89%, or a loss of $-1.59 per share, to close at $18.55. After opening the day at $20.20, shares of Universal Logistics Holdings Inc. traded as high as $20.26 and as low as $18.13. Volume was 192,122 shares over 2,414 trades, against an average daily volume of n/a shares and a total float of 28.38 million.

As a result of the decline, Universal Logistics Holdings Inc. now has a market cap of $526.52 million. In the last year, shares of Universal Logistics Holdings Inc. have traded between a range of $28.53 and $17.40, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into two segments namely Transportation and Logistics. Its Transportation segments are associated with individual freight shipments coordinated by our agents, company-managed terminals and specialized services operations. The Logistics segment deliver value-added or transportation services to specific customers on a dedicated basis, generally pursuant to contract terms of one year or longer. It generates maximum revenue from the Transportation segment.

Universal Logistics Holdings Inc. is based out of Warren, MI and has some 6,335 employees. Its CEO is Jeff Rogers.

Universal Logistics Holdings Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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