Horizon Lines, Inc. (NYSE:HRZ) recently traded higher than its average volume. HRZ was opened at $1.27 dropped -0.24 points or -18.05%. HRZ transacted shares during the day were over 3.97 million shares however it has an average volume of 691,104.00 shares.
HRZ has a gross margin of 14.89% as compared to operating margin of -0.46% and its profit margin remained -3.94% for the last 12 months. The company has earnings of $-45.75 million and made $1.16 billion revenue for the last 12 month. Its quarter to quarter earnings per share (EPS) remained -3092.35% while earning per share for the next 5-years is expected to grow at 2.04%.
The company has 30.77 million of outstanding shares and 28.81 million shares were floated in the market. According to the most recent quarter its current ratio was 0.94 that represents company’s ability to meet its current financial obligations.
The price moved down of -65.16% from the mean of 20 days, -74.31% from 50 and went down -74.21% from 200 days average price. Company’s performance for the week was -64.72%, -73.92% for month and yearly performance remained -79.36%.
Horizon Lines, Inc., through its subsidiaries, provides container shipping and integrated logistics services. It ships a range of consumer and industrial items, such as refrigerated and non-refrigerated foodstuffs, household goods, auto parts, building materials, and other materials used in manufacturing. The company offers container shipping services to ports within the continental United States, Puerto Rico, Alaska, Hawaii, Guam, the U.S. Virgin Islands, and Micronesia. Its integrated logistics services comprise rail, truck brokerage, warehousing, distribution, expedited logistics, and non-vessel operating common carrier operations. Horizon Lines, Inc. also offers terminal services. The company operates terminals in Alaska, Hawaii, and Puerto Rico; contracts for terminal services in seven ports in the continental United States; and the ports in Guam, Yantian, and Xiamen, China, as well as Kaohsiung, Taiwan. In addition, it offers inland transportation services. As of December 20, 2009, the company owned or leased approximately 20 vessels and 18,500 cargo containers. Horizon Lines, Inc. serves consumer and industrial products companies, as well as various agencies of the U.S. government, including the Department of Defense and the U.S. Postal Service. The company was founded in 1956 and is based in Charlotte, North Carolina.
