Digging Up the Facts on Knight-Swift Transportation Holdings Inc. (KNX)

Knight-Swift Transportation Holdings Inc. (KNX) is an interesting player in the Services space, with a focus on Trucking. The stock has been active on the tape, currently trading at $44.08, up from yesterday’s close by 2.65%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Knight-Swift Transportation Holdings Inc. (KNX) currently trades with a market capitalization of $7.90 Billion. That value represents a market adjusting for revenues that have been growing by 108.39 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $ over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.41 on a per share basis this quarter. Perhaps, that suggests something about why 7.47% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how KNX has been acting. Looking at the stock’s movement on the chart, Knight-Swift Transportation Holdings Inc. recorded a 52-week high of $51.94. It is now trading 7.86% off that level. The stock is trading $47.34 its 50-day moving average by 3.26%. The stock carved out a 52-week low down at $30.56.

In recent action, Knight-Swift Transportation Holdings Inc. (KNX) has made a move of -11.41% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.41, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 16.00% with $135.67 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of KNX.

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