YRC Worldwide Inc. (NASDAQ: YRCW) moved up by 2.50% and closed at $0.26. It touched the day low of $0.25 with total traded volume of 19.73 million shares in the last trading day. YRC Worldwide Inc. (YRC Worldwide) is a holding company.
YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics.
YRC Worldwide (Nasdaq: YRCW), the Fortune 500 trucker, sells for a price-to-sales ratio (P/S) of just 0.06. In other words, investors are willing to spend just six cents for every dollar of revenue YRC Worldwide brings in. By comparison, Apple stock sells for a P/S of 3.85.
I believe they wont turn a profit until after the penssion deal is complete. It is the nature of the industry. YRC's problem is, they need to play broke, yet make investors want to invest in YRCW. That is a tough sell. Personally I say, give me my wage and $5000 a year to invest in my Roth, let me collect the insured amount for what I have invested, and leave my penssion out of the equation.