ArcBest Corporation (ARCB) Soars 5.04% on March 09

Equities Staff  |

ArcBest Corporation (ARCB) had a good day on the market for Friday March 09 as shares jumped 5.04% to close at $35.40. About 265,720 shares traded hands on 2,820 trades for the day, compared with an average daily volume of 282,979 shares out of a total float of 25.64 million. After opening the trading day at $34.00, shares of ArcBest Corporation stayed within a range of $35.50 to $33.80.

With today's gains, ArcBest Corporation now has a market cap of $907.71 million.

The stock has a P/E Ratio of 15. Shares of ArcBest Corporation have been trading within a range of $39.70 and $16.95 over the last year, and it had a 50-day SMA of $35.17 and a 200-day SMA of $29.66.

ArcBest Corp is a transportation company. The company provides freight transportation services and solutions. It operates through three segments namely Asset-Based, ArcBest and FleetNet.

ArcBest Corporation is based out of Fort Smith, AR and has some 13,000 employees. Its CEO is Judy R. McReynolds.

For a complete fundamental analysis of ArcBest Corporation, check out Equities.com’s Stock Valuation Analysis report for ARCB.

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ArcBest Corporation is also 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.

To get more information on ArcBest Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: ARCB’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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