Filed Under: ,
Tickers in this Article: ARII, GBX, AIRM, SFL, GLF, CHRW, ZNH
It's been a good morning for the market. The Nasdaq has moved up 1.1%; the S&P 500 has risen 0.8%; and the Dow has increased 0.6%. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.

The Transportation sector (IYT) is up 1%, underperforming the market overall. The biggest movers in the sector are currently:
CompanyMarket CapPercentage Change
American Railcar Industries (Nasdaq:ARII)$688 million+6.4%
Greenbrier (NYSE:GBX)$514.9 million+5.9%
Air (Nasdaq:AIRM)$1.44 billion-3.9%
Ship Finance (NYSE:SFL)$1.3 billion-3.5%
GulfMark Offshore (NYSE:GLF)$941.3 million+3.3%
CH Robinson (Nasdaq:CHRW)$9.99 billion+2%
China Southern Airlines Limited (NYSE:ZNH)$4.96 billion-1.7%
Beginner's Guide To Thinkorswim Trading Platform

American Railcar Industries (Nasdaq:ARII) has increased to a share price of $34.30, a 6.4% rise. So far today, the company's volume is 231,103 shares, 3.9 times the current daily average.

Increasing 5.9%, Greenbrier (NYSE:GBX) is trading at $20.08 per share. The company is currently trading a volume of one million shares.

Air (Nasdaq:AIRM) has decreased to $107.03 per share, a 3.9% fall. The company's volume for the day so far is 38,390 shares, 0.1 times its current three-month average.

Slipping 3.5%, Ship Finance (NYSE:SFL) is currently trading at $15.82 per share. So far today, the company's volume is 181,751 shares. This is a sign that there will be less trading activity than there was yesterday.

GulfMark Offshore (NYSE:GLF) has moved up 3.3% and is currently trading at $36.08 per share. The company's volume is currently 57,271 shares for the day, 0.2 times the average daily volume.

CH Robinson (Nasdaq:CHRW) is currently trading at $63.45 per share, a 2% increase. So far today, 490,341 shares have changed hands.

China Southern Airlines Limited (NYSE:ZNH) is down 1.7% to reach $24.81 per share. The company's volume is currently 3,755 shares for the day, 0.2 times its average over the past three months.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

comments powered by Disqus

Trading Center