Company shares last traded at $4.85 just above $4.44, the 50 day moving average and which is significantly above the 200 day moving average of $4.33. The 50 day moving average went up $0.41 or +9.20% whereas the 200 day moving average was up $0.52 or +12.09%. TravelCenters of America LLC shares had a trading volume of 6,064 in the last trading session. Volume was down 98.71% under the stocks average daily volume.
Traders are more bullish on TravelCenters of America LLC of late if you watch the fall in short interest. The company realized a fall in short interest of -20.00% as of the latest report on September 29, 2017. Short interest decreased 131,085 over that timeframe. Days to cover increased from 1.0 to 2.0 and the percentage of shorted shares is 0.01% as of September 29.
A few notable investment firms have updated their holdings. As of the end of the quarter North Star Investment Management Corp. had sold 235,975 shares trimming its stake by 98.0%. The value in dollars went from $987,000 to $21,000 a change of 97.9% for the reporting period. Cutler Group LP downsized its stake by shedding 5,620 shares a decrease of 50.2% in the quarter. Cutler Group LP owns 5,580 shares worth $23,000. The value of the position overall is up by 1,050.0%.
As of quarter end Bank Of Montreal /can/ had disposed of a total of 195 shares trimming its position 2.1%. The value of the company’s investment in TravelCenters of America LLC decreased from $58,000 to $52,000 a change of $6,000 since the last quarter. As of the end of the quarter Cutter & CO Brokerage, Inc. had disposed of a total of 1,000 shares trimming its holdings by 8.0%. The value of the total investment in TravelCenters of America LLC decreased from $51,000 to $49,000 decreasing 3.9% quarter to quarter.
On October 11 the stock rating was downgraded from “Buy” to “Sell” in a report issued by Citigroup.
As of the latest earnings report the EPS was $-0.71 and is expected to be $-0.69 for the current year with 39,556,000 shares outstanding. Next quarter’s EPS is forecasted to be $-0.09 and the next full year EPS is projected to be $0.04.
TravelCenters of America LLC (TravelCenters), launched on October 10, 2006, operates and franchises travel centers and convenience store and restaurant locations. The Business’s segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities. Its customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists, and casual diners..