The stock of Celadon Group, Inc. (NYSE:CGI) is a huge mover today! About 226,204 shares traded hands. Celadon Group, Inc. (NYSE:CGI) has declined 25.28% since April 14, 2016 and is downtrending. It has underperformed by 29.97% the S&P500.
The move comes after 9 months positive chart setup for the $212.93M company. It was reported on Nov, 16 by Barchart.com. We have $18.16 PT which if reached, will make NYSE:CGI worth $295.97M more.
Celadon Group, Inc. (NYSE:CGI) Ratings Coverage
Out of 6 analysts covering Celadon Group (NYSE:CGI), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Celadon Group has been the topic of 13 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Cowen & Co on Friday, April 29. The firm earned “Outperform” rating on Friday, July 31 by Cowen & Co. The firm earned “Market Outperform” rating on Wednesday, August 31 by Avondale. On Friday, October 30 the stock rating was maintained by Cowen & Co with “Outperform”. The firm has “Mkt Perform” rating by Avondale given on Friday, November 4. The stock of Celadon Group, Inc. (NYSE:CGI) has “Overweight” rating given on Tuesday, January 12 by KeyBanc Capital Markets. The stock of Celadon Group, Inc. (NYSE:CGI) earned “Hold” rating by Stifel Nicolaus on Friday, June 24.
According to Zacks Investment Research, “Celadon Group, Inc. provides trucking services for DaimlerChrysler Corporation to and from its Mexican assembly plants.”
Insitutional Activity: The institutional sentiment decreased to 0.98 in 2016 Q2. Its down 0.53, from 1.51 in 2016Q1. The ratio worsened, as 17 funds sold all Celadon Group, Inc. shares owned while 36 reduced positions. 9 funds bought stakes while 43 increased positions. They now own 25.38 million shares or 1.80% less from 25.85 million shares in 2016Q1.
Bancorp Of America De last reported 0% of its portfolio in the stock. The New Jersey-based Princeton Alpha L P has invested 0.02% in Celadon Group, Inc. (NYSE:CGI). Verition Fund Management Llc holds 0.03% or 25,000 shares in its portfolio. Price T Rowe Assocs Inc Md has invested 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI). Redmond Asset Management Limited Liability Corporation holds 0.24% or 58,872 shares in its portfolio. Voya Inv Mgmt Ltd Co owns 13,670 shares or 0% of their US portfolio. Fifth Third Bancshares holds 0% or 21,441 shares in its portfolio. Springbok Cap Mgmt Limited Liability Co accumulated 67,814 shares or 0.08% of the stock. Manufacturers Life Insurance Co The reported 20,157 shares or 0% of all its holdings. Art Advsrs Ltd Com holds 0.01% of its portfolio in Celadon Group, Inc. (NYSE:CGI) for 19,938 shares. Nationwide Fund last reported 45,897 shares in the company. State Of New Jersey Common Pension Fund D has 50,000 shares for 0% of their US portfolio. Us Bancorp De last reported 0% of its portfolio in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI) for 417 shares. Markston holds 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI) for 1,500 shares.
More news for Celadon Group, Inc. (NYSE:CGI) were recently published by: Ibj.com, which released: “PROXY CORNER: Celadon Group Inc.” on November 05, 2016. Prnewswire.com‘s article titled: “Celadon Group Inc. Mourns Passing of Founder Steve Russell” and published on April 15, 2016 is yet another important article.
CGI Company Profile
Celadon Group, Inc. (Celadon), incorporated on July 24, 1986, is a truckload freight transportation provider. The Company’s divisions are asset-based, asset-light, and equipment leasing and services. The Company’s services involve point-to-point shipping for its clients within the United States, between the United States and Mexico, and between the United States and Canada. The Company’s primary asset services include the United States domestic dry van, refrigerated and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; contract service; regional and specialized short haul service, and rail intermodal service.
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