UTi Worldwide Inc. Is Rising On Q2 Earnings News

UTi Worldwide Inc. (UTIW) reported second quarter net income of $0.19 per share Thursday morning, up from $0.12 per share last year. The consensus estimate was for EPS of $0.17.

UTi Worldwide Inc. gapped open higher Thursday and is now up 1.30 at $15.64 in early trade. The stock has broken out to a 3 1/2 month high and has also re-crossed its 200-day moving average.

by RTTNews Staff Writer

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