ArcBest Corp (ARCB) is Trading Higher on Unusual Volume for February 04

Equities Staff |

ArcBest Corp (ARCB) experienced unusually high volume on Feb. 04, as the stock gained 5.45% to a closing price of $18.59. The stock saw 512,839 shares trade hands over the course of the day on 4,385 trades. Given that the stock’s average daily volume over the last month has been 305,832 shares a day, this represents a pretty substantial spike over the norm.

ArcBest Corp has a P/B ratio of 0.82. It also has a P/E ratio of 10. The stock has traded between $43.68 and $16.43 over the last 52-weeks, its 50-day SMA is now $20.94, and its 200-day SMA $28.41.

ArcBest Corp is a holding company, which through its subsidiaries provides freight transportation services and solutions.

Headquartered in Fort Smith, AR, ArcBest Corp has 13,238 employees and is currently under the leadership of CEO Judy R. McReynolds.

For a complete fundamental analysis analysis of ArcBest Corp, check out Equities.com’s Stock Valuation Analysis report for ARCB. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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