So far today, the Nasdaq has decreased 0.3%, the S&P 500 remains relatively unchanged and the Dow is up 0.1%. 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.

These are the biggest movers in the Transportation sector (IYT) (+0.6%):

CompanyMarket CapPercentage Change
China Southern Airlines Limited (NYSE:ZNH)$4.8 billion-2.1%
Union Pacific (NYSE:UNP)$58.6 billion+2.1%
Air (Nasdaq:AIRM)$1.41 billion-2.1%
Costamare (NYSE:CMRE)$942.4 million-2%
Grupo Aeroportuario del Sureste (NYSE:ASR)$2.91 billion+1.8%
Copa Holdings (NYSE:CPA)$3.89 billion+1.8%
Werner Enterprises (Nasdaq:WERN)$1.68 billion-1.7%
Broker Summary: Fidelity Online Brokerage

China Southern Airlines Limited (NYSE:ZNH) is currently trading at a share price of $23.92, a 2.1% decline. So far today, 6,538 shares have changed hands, on pace to reach yesterday's volume of 11,575 shares.

After rising 2.1%, Union Pacific (NYSE:UNP) is currently trading at a share price of $126.33. The company is currently trading a volume of 1.5 million shares. This is one times its current three-month average.

At $107.03, Air (Nasdaq:AIRM) has slipped 2.1%. The company's volume is currently 25,055 shares for the day, 0.3 times the current daily average.

Slipping 2%, Costamare (NYSE:CMRE) is currently trading at $13.62 per share. The company is currently trading a volume of 285,514 shares.

Grupo Aeroportuario del Sureste (NYSE:ASR) has moved up 1.8% and is currently trading at $98.71 per share. This morning, 18,492 shares have been traded, consistent with the volume from yesterday while it was 39,938 shares yesterday.

Increasing 1.8%, Copa Holdings (NYSE:CPA) is trading at $89.36 per share. So far today, the company's volume is 135,150 shares. This is in keeping with its current three-month average.

Falling 1.7%, Werner Enterprises (Nasdaq:WERN) is currently at a share price of $22.63. At 448,013 shares, the company's volume so far today is 0.6 times the average daily volume.

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.

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Tickers in this Article: ZNH, UNP, AIRM, CMRE, ASR, CPA, WERN

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