Could Celadon Group, Inc. (CGI) Lose Strenght? The Stock Increases A Lot Today

September 17, 2017 - By Darrin Black

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.48, from 1.56 in 2016Q3. It worsened, as 18 investors sold Celadon Group, Inc. shares while 31 reduced holdings. 13 funds opened positions while 40 raised stakes. 27.79 million shares or 0.62% more from 27.62 million shares in 2016Q3 were reported.
Principal Grp Incorporated owns 206,872 shares. State Of Alaska Department Of Revenue invested in 2,990 shares. Bancorporation Of Montreal Can invested in 0% or 718 shares. Frontier Cap Mgmt Limited Liability Corp invested in 2.48M shares or 0.14% of the stock. Arizona State Retirement Sys reported 14,549 shares or 0% of all its holdings. Blackrock Institutional Na reported 718,209 shares. Legal General Public Limited stated it has 47,596 shares. Prudential Financial reported 0% in Celadon Group, Inc. (NYSE:CGI). State Board Of Administration Of Florida Retirement System reported 0% in Celadon Group, Inc. (NYSE:CGI). Goldman Sachs Group Inc Inc has invested 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI). Ohio-based Keybank Association Oh has invested 0% in Celadon Group, Inc. (NYSE:CGI). Pinebridge Investments Ltd Partnership reported 3,511 shares or 0% of all its holdings. Howe And Rusling Inc owns 345 shares. Creative Planning owns 5,360 shares for 0% of their portfolio. Buckhead Capital Management Limited Liability holds 0.07% or 51,330 shares.

The stock of Celadon Group, Inc. (NYSE:CGI) is a huge mover today! The stock increased 4.31% or $0.25 on September 15, reaching $6.05. About 742,127 shares traded or 79.77% up from the average. Celadon Group, Inc. (NYSE:CGI) has declined 74.33% since September 17, 2016 and is downtrending. It has underperformed by 91.03% the S&P500.
The move comes after 7 months positive chart setup for the $171.21 million company. It was reported on Sep, 17 by Barchart.com. We have $6.53 PT which if reached, will make NYSE:CGI worth $13.70 million more.

Celadon Group, Inc. (NYSE:CGI) Ratings Coverage

Among 8 analysts covering Celadon Group (NYSE:CGI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Celadon Group had 19 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus on Friday, December 16 to “Hold”. On Monday, May 15 the stock rating was maintained by Credit Suisse with “Outperform”. As per Friday, February 10, the company rating was upgraded by Stifel Nicolaus. On Wednesday, August 31 the stock rating was upgraded by Avondale to “Market Outperform”. Aegis Capital maintained the stock with “Buy” rating in Friday, April 7 report. The company was maintained on Friday, October 30 by Cowen & Co. The rating was maintained by Cowen & Co with “Outperform” on Friday, July 31. As per Friday, June 24, the company rating was downgraded by Stifel Nicolaus. KeyBanc Capital Markets maintained Celadon Group, Inc. (NYSE:CGI) rating on Tuesday, January 12. KeyBanc Capital Markets has “Overweight” rating and $15 target. The stock has “Outperform” rating by Cowen & Co on Friday, April 29.

Celadon Group, Inc. is a truckload freight transportation provider. The company has market cap of $171.21 million. The Company’s divisions are asset-based, asset-light, and equipment leasing and services. It has a 71.16 P/E ratio. 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.

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