C.H. Robinson Worldwide (CHRW) Shares are Up 0.13%

C.H. Robinson Worldwide (CHRW) : During the past 4 weeks, traders have been relatively bearish on C.H. Robinson Worldwide (CHRW), hence the stock is down -5.82% 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 -0.49% 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 0.13% in the last 1 week, and is up 0.54% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

C.H. Robinson Worldwide (NASDAQ:CHRW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.33 and $71.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.03, notching a gain of 1.12% for the day. The total traded volume was 1,134,718 . The stock had closed at $71.23 on the previous day.


The stock has recorded a 20-day Moving Average of 1.11% and the 50-Day Moving Average is 1.32%. CH Robinson Worldwide Inc. has dropped 2.84% during the last 3-month period . Year-to-Date the stock performance stands at 17.52%.

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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