Yellow (NASDAQ:YELL) Shares Down 2.5%

Yellow Co. (NASDAQ:YELL)’s share price was down 2.5% during trading on Friday . The company traded as low as $6.00 and last traded at $7.20. Approximately 12,851 shares traded hands during trading, a decline of 100% from the average daily volume of 5,781,654 shares. The stock had previously closed at $7.39.

Yellow Price Performance

The company has a market cap of $374.28 million, a PE ratio of -4.65 and a beta of 2.79. The business has a 50-day moving average of $7.55 and a 200 day moving average of $5.68.

Institutional Trading of Yellow

A hedge fund recently raised its stake in Yellow stock. Barclays PLC boosted its position in shares of Yellow Co. (NASDAQ:YELL) by 1,174,121.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 833,697 shares of the company’s stock after acquiring an additional 833,626 shares during the quarter. Barclays PLC owned 1.60% of Yellow worth $917,000 at the end of the most recent reporting period. 35.72% of the stock is owned by hedge funds and other institutional investors.

About Yellow

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.