Expeditors International of Washington (EXPD) Shares are Up 0.32%

Expeditors International of Washington (EXPD) : During the past 4 weeks, traders have been relatively bearish on Expeditors International of Washington (EXPD), hence the stock is down -1.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.29% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.32% in the last 1 week, and is up 5.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Expeditors International of Washington (NASDAQ:EXPD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.72 and $49.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $50.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $50.16, notching a gain of 1.27% for the day. The total traded volume was 770,951 . The stock had closed at $49.53 on the previous day.


The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 2.91%. Expeditors International of Washington Inc. is up 3.32% in the last 3-month period. Year-to-Date the stock performance stands at 12.14%.

Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Companys services include air and ocean freight transportation and customs brokerage. The Company also provides additional services, including order management, time-definite transportation, warehousing and distribution, cargo insurance and logistics solutions. The Company operates in Americas, including the United States, Other North America and Latin America; Asia Pacific; Europe, and Middle East, Africa and India. The Company provides airfreight services and acts either as a freight consolidator or as an agent for the airline, which carries the shipment. The Company operates Expeditors International Ocean, Inc. (EIO), an Ocean Transportation Intermediary, also known as Non-Vessel Operating Common Carrier (NVOCC), which specializes in ocean freight services in trade lanes across the world.

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