C.H. Robinson Worldwide (CHRW) Shares are Up 1.25%

C.H. Robinson Worldwide (CHRW) has been under a strong bear grip, hence the stock is down -0.67% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.08% in the past 1 week. The stock has risen by 1.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.21% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 1.9%.The 200 Day SMA reached 1.41%

C.H.

C.H. Robinson Worldwide (NASDAQ:CHRW): After opening at $70.72, the stock dipped to an intraday low of $70.38 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $71.07 and the buying power remained strong till the end. The stock closed at $70.46 for the day, a gain of 0.21% for the day session. The total traded volume was 1,412,897. The stocks close on the previous trading day was $70.46.

C.H. Robinson Worldwide (CHRW) : 13 investment research analysts covering C.H. Robinson Worldwide (CHRW) have an average price target of $74 for the near short term. The highest target price given by the Brokerage Firm to the stock is $85 and the lowest target is $64 for the short term. Analysts expect the variance to be within $6.47 of the average price.

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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