Logistics companies
Some strong share price moves in this sector, but not sure if they are related :
. new 52 weeks high for CTI (CLX),
. + 60 % yesterday for Move Logistics (MOV).
Stocks in this sector often look cheap on a PE basis (ex. PE 24 of 10 for CTI Logistics and even lower for Lindsay), but the high level of Capex and lease in this sector explain why these companies keep having a negative free cash flow, even if their margin looks high (EBITDA margin of 16.5 % for CTI).
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Logistics companiesSome strong share price moves in this sector,...
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