What’s in Celadon Group, Inc. (CGI) After Today’s Huge Increase?

September 17, 2017 - By Vivian Park

Investors sentiment decreased to 1.08 in 2016 Q4. 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.
American Intl Gru, a New York-based fund reported 20,126 shares. Bancorp Of Montreal Can reported 718 shares or 0% of all its holdings. Blackrock Grp Incorporated Ltd has 0% invested in Celadon Group, Inc. (NYSE:CGI) for 47,290 shares. Ny State Common Retirement Fund reported 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI). Geode Cap Limited Liability Company invested in 0% or 217,216 shares. Gsa Cap Ptnrs Limited Liability Partnership accumulated 0.04% or 97,681 shares. Blackrock Advisors Ltd Company has invested 0% of its portfolio in Celadon Group, Inc. (NYSE:CGI). State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 15,000 shares. Moreover, Teachers Retirement Of The State Of Kentucky has 0.01% invested in Celadon Group, Inc. (NYSE:CGI) for 60,984 shares. Blackrock Fund Advsrs reported 2.36M shares. Next Century Growth Limited Liability Corp has invested 0.13% in Celadon Group, Inc. (NYSE:CGI). 4,543 are held by Bnp Paribas Arbitrage. Deutsche Financial Bank Ag holds 0% or 17,108 shares in its portfolio. Blackrock has invested 0% in Celadon Group, Inc. (NYSE:CGI). Blackrock Institutional Na owns 718,209 shares or 0% of their US portfolio.

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 maintained by Credit Suisse with “Outperform” on Monday, May 15. KeyBanc Capital Markets maintained it with “Overweight” rating and $15 target in Tuesday, January 12 report. The rating was downgraded by Avondale on Friday, November 4 to “Mkt Perform”. The firm has “Buy” rating given on Friday, April 7 by Aegis Capital. The stock of Celadon Group, Inc. (NYSE:CGI) has “Hold” rating given on Friday, February 10 by Stifel Nicolaus. The stock has “Outperform” rating by Cowen & Co on Friday, April 29. Avondale upgraded Celadon Group, Inc. (NYSE:CGI) on Wednesday, August 31 to “Market Outperform” rating. On Friday, June 24 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The company was maintained on Friday, July 31 by Cowen & Co. The stock of Celadon Group, Inc. (NYSE:CGI) earned “Hold” rating by Stifel Nicolaus on Friday, December 16.

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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