U-Haul (NYSE:UHAL.B) Shares Down 18% – Should You Sell?

Shares of U-Haul Holding (NYSE:UHAL.B – Get Free Report) fell 18% on Tuesday. The stock traded as low as $59.3250 and last traded at $49.40. 221,147 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 414,755 shares. The stock had previously closed at $60.25.

U-Haul Trading Down 15.1%

The business has a 50 day simple moving average of $57.87 and a two-hundred day simple moving average of $54.66.

About U-Haul

(Get Free Report)

U-Haul Holding Company, formerly known as AMERCO, is the parent company of U-Haul, a provider of do-it-yourself moving and storage services in the United States and Canada. Its principal business is renting trucks, trailers, towing equipment and related moving vehicles to households and businesses, supported by a network of company-operated and independent dealer locations.

The company also offers self-storage units, portable moving and storage containers, moving supplies, towing equipment, propane and related services.

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