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Ryder Reaches 52-Week High: What's Supporting the Stock?
RRyder(R) ZACKS·2024-10-14 17:50

Shares of Ryder System (R) scaled a 52-week high of $150.95 in the trading session on Oct. 11, 2024, before closing a tad lower at $150.72. The company's shares have gained 31.9% over the past six months, steadily outperforming the 21.4% rise of the industry it belongs to. Image Source: Zacks Investment Research Why the Uptick in the Ryder Stock? Ryder's bottom line has been benefiting from its consistent efforts to reward its shareholders through dividends and share buybacks are appreciative. In 2022, Ryde ...