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Old Dominion Freight Line Stock 11.09% Up On Wednesday

ViaNews Editorial Team

February 1, 2023

Old Dominion Freight Line Stock 11.09% Up On Wednesday

(VIANEWS) - The NASDAQ ended the session with Old Dominion Freight Line (ODFL) rising 11.09% to $370.21 on Wednesday while NASDAQ jumped 2% to $11,816.32.

Old Dominion Freight Line's last close was $333.24, 1.4% below its 52-week high of $337.97.

About Old Dominion Freight Line

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

Earnings Per Share

As for profitability, Old Dominion Freight Line has a trailing twelve months EPS of $6.27.

PE Ratio

Old Dominion Freight Line has a trailing twelve months price to earnings ratio of 59.01. Meaning, the purchaser of the share is investing $59.01 for every dollar of annual earnings.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 38.18%.

More news about Old Dominion Freight Line (ODFL).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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