Yellow (NASDAQ:YELL) Stock Price Up 5.7%

Yellow Co. (NASDAQ:YELL)’s share price shot up 5.7% during trading on Tuesday . The company traded as high as $6.55 and last traded at $6.50. 185,488 shares traded hands during trading, a decline of 97% from the average session volume of 5,781,654 shares. The stock had previously closed at $6.15.

Yellow Price Performance

The firm’s 50-day simple moving average is $5.35 and its 200 day simple moving average is $3.71. The firm has a market capitalization of $358.68 million, a price-to-earnings ratio of -4.16 and a beta of 2.79.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp grew its holdings in shares of Yellow by 73.1% during the 1st quarter. State Street Corp now owns 2,497,242 shares of the company’s stock valued at $17,506,000 after purchasing an additional 1,054,720 shares during the last quarter. Barclays PLC boosted its position in Yellow by 1,174,121.1% during the 3rd quarter. Barclays PLC now owns 833,697 shares of the company’s stock worth $917,000 after buying an additional 833,626 shares during the period. Renaissance Technologies LLC boosted its position in Yellow by 154.3% during the 2nd quarter. Renaissance Technologies LLC now owns 841,700 shares of the company’s stock worth $2,466,000 after buying an additional 510,700 shares during the period. Vanguard Group Inc. boosted its position in Yellow by 22.8% during the 1st quarter. Vanguard Group Inc. now owns 2,609,493 shares of the company’s stock worth $18,293,000 after buying an additional 483,953 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Yellow by 35.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,649,859 shares of the company’s stock worth $1,136,000 after buying an additional 428,398 shares during the period. Institutional investors own 35.72% of the company’s stock.

Yellow Company Profile

Yellow Corporation, through its subsidiaries, provides various transportation services primarily in North America. The company primarily offers less-than-truckload (LTL) shipments and supply chain solutions to ship industrial, commercial, and retail goods. It also provides 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.