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ArcBest (ARCB) Reaches $37.25 52-Week High; Shorts at TRAVELSKY TECH LTD H (TSYHF) Lowered By 4.71%

TRAVELSKY TECH LTD H (OTCMKTS:TSYHF) had a decrease of 4.71% in short interest. TSYHF’s SI was 2.46 million shares in November as released by FINRA. Its down 4.71% from 2.58M shares previously. With 1,000 avg volume, 2456 days are for TRAVELSKY TECH LTD H (OTCMKTS:TSYHF)’s short sellers to cover TSYHF’s short positions. It closed at $2.46 lastly. It is down 0.00% since November 30, 2016 and is . It has underperformed by 16.70% the S&P500.

The stock of ArcBest Corporation (NASDAQ:ARCB) hit a new 52-week high and has $38.37 target or 3.00% above today’s $37.25 share price. The 6 months bullish chart indicates low risk for the $954.97 million company. The 1-year high was reported on Nov, 30 by Barchart.com. If the $38.37 price target is reached, the company will be worth $28.65 million more. The stock increased 1.50% or $0.55 during the last trading session, reaching $37.25. About 41,713 shares traded. ArcBest Corporation (NASDAQ:ARCB) has risen 10.70% since November 30, 2016 and is uptrending. It has underperformed by 6.00% the S&P500.

TravelSky Technology Limited provides aviation information technology , distribution information technology, clearing, and accounting and settlement services primarily for aviation industry in the PeopleÂ’s Republic of China. The company has market cap of $8.17 billion. The Company’s AIT services include electronic travel distribution services, such as inventory control and computer reservation system services; airport passenger processing services; and other information technology (IT) solutions, including product services for supporting aviation alliances, solutions for developing e-tickets and e-commerce, and data services for supporting decision-making of commercial airlines, as well as information management systems. It has a 22.57 P/E ratio. The firm also provides cargo management services, and sells and installs related information systems; computer hardware and software development, and data network services; and technical support, training, and consulting services.

Analysts await ArcBest Corporation (NASDAQ:ARCB) to report earnings on February, 14. They expect $0.36 earnings per share, up 24.14% or $0.07 from last year’s $0.29 per share. ARCB’s profit will be $9.23M for 25.87 P/E if the $0.36 EPS becomes a reality. After $0.59 actual earnings per share reported by ArcBest Corporation for the previous quarter, Wall Street now forecasts -38.98% negative EPS growth.

ArcBest Corporation provides freight transportation services and integrated logistics solutions worldwide. The company has market cap of $954.97 million. The companyÂ’s Asset-Based segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through less-than-truckload services. It has a 43.06 P/E ratio. This segment also offers motor carrier freight transportation services to clients in Mexico through arrangements with trucking companies.

Among 9 analysts covering Arcbest Corporation (NASDAQ:ARCB), 0 have Buy rating, 0 Sell and 9 Hold. Therefore 0 are positive. Arcbest Corporation has $45 highest and $17 lowest target. $27.11’s average target is -27.22% below currents $37.25 stock price. Arcbest Corporation had 34 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained ArcBest Corporation (NASDAQ:ARCB) rating on Wednesday, August 5. Deutsche Bank has “Hold” rating and $38 target. Stephens downgraded the stock to “Equal-Weight” rating in Thursday, January 7 report. The stock of ArcBest Corporation (NASDAQ:ARCB) earned “Buy” rating by Cowen & Co on Friday, July 28. As per Friday, July 28, the company rating was maintained by Stifel Nicolaus. The stock of ArcBest Corporation (NASDAQ:ARCB) earned “Hold” rating by KeyBanc Capital Markets on Monday, November 20. As per Thursday, October 5, the company rating was maintained by Morgan Stanley. Cowen & Co maintained the shares of ARCB in report on Monday, July 10 with “Buy” rating. The stock has “Neutral” rating by Bank of America on Friday, November 4. The stock of ArcBest Corporation (NASDAQ:ARCB) has “Market Perform” rating given on Monday, October 16 by Cowen & Co. The firm has “Hold” rating given on Monday, September 11 by KeyBanc Capital Markets.

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