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Shares of YRC Worldwide Inc. (NASDAQ: YRCW) are soaring in today’s trading. The penny stock reached a high of $0.25 in mid-day trading. At last check, it was up 10.33% to $0.243, with volume at 74.13 million in mid-day trading.
The penny stock has a 52-week range of $0.10-$6.18. It is currently trading below its 50-day and 200-day moving averages of $0.27 and $0.97, respectively. The stock has seen support at $0.19. It has broken through its resistance level of $0.23 in today’s trading. The penny stock has a beta of 2.27.
The penny stock has a consensus recommendation of Underperform. Currently, the stock has 6 Hold, 4 Underperform and 2 Sell ratings.
Based in Overland Park, Kansas, YRC provides a range of transportation services through its subsidiaries. The company provides transportation services on a global, national and regional level. It also provides logistics services.......................
http://www.beaconequity.com/yrc-worldwide-yrcw-defies-market-tumble-soars-12-2010-07-21/