Shares of Yellow Co. (NASDAQ:YELLQ – Get Free Report) dropped 1.1% during mid-day trading on Thursday . The company traded as low as $0.80 and last traded at $0.93. Approximately 700 shares traded hands during trading, a decline of 96% from the average daily volume of 18,182 shares. The stock had previously closed at $0.94.
Yellow Trading Down 19.4 %
The stock has a 50 day moving average of $0.74 and a 200-day moving average of $1.01.
About Yellow
Yellow Corporation does not have significant operations. Previously, the company provided various transportation services primarily in North America. The company primarily offered less-than-truckload (LTL) shipments and supply chain solutions to ship industrial, commercial, and retail goods. It also provided customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components.
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