Yellow (NASDAQ:YELL) Shares Down 50% – What’s Next?

Yellow Co. (NASDAQ:YELLGet Free Report)’s share price dropped 50% during trading on Friday . The stock traded as low as $0.12 and last traded at $0.15. Approximately 77,407 shares were traded during trading, a decline of 99% from the average daily volume of 5,781,654 shares. The stock had previously closed at $0.30.

Yellow Stock Performance

The company has a 50-day moving average of $0.48 and a 200 day moving average of $3.50. The firm has a market cap of $7.80 million, a P/E ratio of -0.10 and a beta of 2.79.

About Yellow

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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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