Quality Distribution (QLTY) to Release Quarterly Earnings on Tuesday
Quality Distribution (NASDAQ:QLTY) will be announcing its Q313 earnings results on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $244.18 million for the quarter.
Shares of Quality Distribution (NASDAQ:QLTY) traded up 1.17% on Monday, hitting $10.41. The stock had a trading volume of 20,638 shares. Quality Distribution has a 1-year low of $4.91 and a 1-year high of $10.97. The stock has a 50-day moving average of $9.82 and a 200-day moving average of $9.3. The company’s market cap is $275.4 million.
On a related note, analysts at Stephens upgraded shares of Quality Distribution from an “equal weight” rating to an “overweight” rating in a research note to investors on Tuesday, August 27th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $11.25.
Quality Distribution, Inc operates a chemical bulk tank truck network in North America through its wholly owned subsidiary, Quality Carriers, Inc (NASDAQ:QLTY) is a provider of International Organization for Standardization (intermodal ISO) tank container and depot services in North America through its wholly owned subsidiary, Boasso America Corporation (Boasso), which also includes Greensville Transport Company (Greensville).
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