Norfolk Souther Corporation (NSC) Shares are Down -0.59%

Norfolk Souther Corporation (NSC) : During the past 4 weeks, traders have been relatively bearish on Norfolk Souther Corporation (NSC), hence the stock is down -4.41% 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 -0.64% relative to the S&P 500. The 4-week change in the price of the stock is -3.42% and the stock has fallen -0.59% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.46% and the 50-Day Moving Average is 2.18%. Norfolk Souther Corporation (NYSE:NSC): On Fridays trading session , Opening price of the stock was $89.48 with an intraday high of $89.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $87.97. However, the stock managed to close at $88.36, a loss of 1.25% for the day. On the previous day, the stock had closed at $89.48. The total traded volume of the day was 1,108,629 shares.


The company Insiders own 0.66% of Norfolk Souther Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.36% . Institutional Investors own 68.93% of Norfolk Souther Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.03%. Also, Atlantic Equities initiates coverage on Norfolk Souther Corporation (NYSE:NSC).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on August 11, 2016.

Norfolk Southern Corporation is a holding company. The Company owns a freight railroad, Norfolk Southern Railway Company. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest and through interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through various Atlantic and Gulf Coast ports. It provides logistics services and offers an intermodal network in the eastern half of the United States. The Companys system reaches various individual industries, electric generating facilities, mines, distribution centers, transload facilities and other businesses located in its service area. The Companys general merchandise market group is composed of five commodity groupings: chemicals; metals and construction; agriculture, consumer products, and Government; automotive, and paper, clay and forest products.

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