Large Inflow of Money Detected in C.H. Robinson Worldwide

C.H. Robinson Worldwide (CHRW) : On Thursday, The money flowed into the C.H. Robinson Worldwide (CHRW) stock with an uptick to downtick ratio was recorded at 1.3. Transactions worth $3.06 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $2.36 million. The total money flow into the stock was $0.7 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.82 million of block transactions on upticks. The total money flow in block trades was $0.82 million. In terms of price action, C.H. Robinson Worldwide (CHRW) traded down $0.1 during the session at $72.73. Compared to the previous days closing, the stock was down only by -0.14%. For the week, the stock is -2.28%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 0.97% and the 50-Day Moving Average is 0.96%. Shares have rallied 11.72% from its 1 Year high price. On Apr 26, 2016, the shares registered one year high at $76.10 and the one year low was seen on Dec 8, 2015. The 50-Day Moving Average price is $73.46 and the 200 Day Moving Average price is recorded at $70.82.

C.H. Robinson Worldwide (NASDAQ:CHRW): The stock opened at $73.32 on Thursday but the bulls could not build on the opening and the stock topped out at $73.32 for the day. The stock traded down to $72.28 during the day, due to lack of any buying support eventually closed down at $72.30 with a loss of -0.73% for the day. The stock had closed at $72.83 on the previous day. The total traded volume was 1,049,732 shares.

In an insider trading activity, The officer (VP, Human Resources), of C H Robinson Worldwide Inc, Freeman Angela K. had unloaded 2,200 shares at $73.15 per share in a transaction on May 9, 2016. The total value of transaction was $160,930. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

C.H. Robinson Worldwide, Inc. is a third party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. The Company operates through a network of 281 offices in North America, Europe, Asia and South America. It has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. It also provides sourcing services through Robinson Fresh. Sourcing business involves the buying, selling and marketing of fresh fruits, vegetables, and other perishable items. The Company supplies fresh produce through its network of independent produce growers and suppliers. Its customers include grocery retailers and restaurants, produce wholesalers and foodservice distributors. It also arranges the logistics and transportation of the products it sells and provides related supply chain services, such as replenishment, category management and merchandising.

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