Trade Saia Inc - SAIA CFD

Trading Conditions

• Type: CFD
• Spread: 1.01
• Long position overnight funding adjustment: -0.02157%
• Short position overnight funding adjustment: -0.00065%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 379.03
• Open: 379.07
• 1-Year Change: -20.47%
• Day's Range: 379.07 - 388.23

About Saia Inc

Saia, Inc. is a transportation company. The Company provides less-than-truckload (LTL) services. It also offers customers a range of other value-added services, including non-asset truckload, expedited and logistics services across North America. The Company's subsidiary Saia Motor Freight Line, LLC (Saia LTL Freight) is a LTL carrier that serves 44 states and provides LTL services to Canada and Mexico through relationships with third-party interline carriers. Saia LTL Freight specializes in offering its customers a range of LTL services including time-definite and expedited options. Saia LTL Freight primarily provides its customers with solutions for shipments approximately between 100 and 10,000 pounds. Saia LTL Freight operated a network comprised of approximately 174 owned and leased facilities.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Saia Inc revenues increased 26% to $2.29B. Net income increased 83% to $253.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Gain from property disposals, net increase of 54% to $3.9M (income), Interest Expense - Balancing value decrease of 56% to $1M (expense).

Equity composition

Common Stock $.001 Par, 03/11, 50M auth., 15,925,551 issd. Insiders own 2.07%. 10/01/02, shares issd. in a spin-off from Yellow Corporation. Basis: 1-for-2. 07/06, Name changed from SCS Transportation, Inc.