• Return to Headlines

Lowest Beta in the Trucking Industry Detected in Shares of USA Truck (USAK, PATR, HTLD, TRBR, MRTN)

Written on Mon, 07/26/2010 - 7:16am
By Chip Brian

Below are the top five companies in the Trucking industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
USA Truck (NASDAQ:USAK) ranks first with a beta of 0.6; Patriot Transportation (NASDAQ:PATR) ranks second with a beta of 0.8; and Heartland Express (NASDAQ:HTLD) ranks third with a beta of 0.8.
Trailer Bridge (NASDAQ:TRBR) follows with a beta of 0.8 and Marten Transport (NASDAQ:MRTN) rounds out the top five with a beta of 0.8.
SmarTrend is bearish on shares of TRBR and our subscribers were alerted to Sell on May 19, 2010 at $4.33. The stock has fallen 29.1% since the alert was issued.

Keywords: keywords: nasdaq:usak usa truck lowest beta

Ticker(s): USAK PATR HTLD TRBR MRTN

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.