The Shyft Group (SHYF), valued at $525 million by market cap, is a specialty vehicle manufacturer, assembly, and uplift company for commercial, retail, and service vehicle markets. Its customers include first-to-last-mile delivery companies across sectors.
While SHYF has trailed the broader markets in the last three years, the small-cap stock gained momentum following its Q2 results, and ended the month of July on a gain of more than 41%. The stock has retreated sharply so far in August, down 18% from its July 31 annual highs amid resurgent recession fears.
