Strength Seen in Universal Truckload (ULH): Can Its 12.3% Jump Turn into More Strength?

Universal Logistics (ULH) shares ended the last trading session 12.3% higher at $19.84. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.5% gain over the past four weeks.Shares of this transportation company have performed well so far this year, gaining 30%. Earlier this month, the company reported earnings of 14 cents per share, comparing favorably with the Zacks Consensus Estimate of a loss of 5 cents. Revenues ...