Yellow (NASDAQ:YELL) Shares Down 50% – Here’s What Happened

Shares of Yellow Co. (NASDAQ:YELLGet Free Report) fell 50% on Friday . The company traded as low as $0.12 and last traded at $0.15. 77,407 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 5,781,654 shares. The stock had previously closed at $0.30.

Yellow Stock Performance

The stock has a market cap of $7.80 million, a price-to-earnings ratio of -0.10 and a beta of 2.79. The company has a 50-day simple moving average of $0.48 and a two-hundred day simple moving average of $3.53.

About Yellow

(Get Free Report)

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.

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