FedEx Corporation (NYSE:FDX) has been under a strong bear grip, hence the stock is down -4.43% 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 0.26% in the past 1 week. The stock has risen by 1.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.89% in the past 4 weeks.
The company shares have dropped -8.63% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $173.00 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $159.30 and the 200 Day Moving Average price is recorded at $150.90.
The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 2.41%.
FedEx Corporation (NYSE:FDX): stock turned positive on Friday. Though the stock opened at $154, the bulls momentum made the stock top out at $156.88 level for the day. The stock recorded a low of $153.95 and closed the trading day at $156.22, in the green by 2.37%. The total traded volume for the day was 1,743,781. The stock had closed at $152.6 in the previous days trading.
In an insider trading activity,The director officer (Chairman/President/CEO) of Fedex Corp, Smith Frederick W sold 200,000 shares at $166.3 on April 21, 2016. The Insider selling transaction had a total value worth of $33,260,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company offers its services through companies constituting four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. FedEx Express offers a range of domestic and international shipping services for delivery of packages and freight. FedEx Ground provides business and residential money-back guaranteed ground package delivery services. FedEx Freight offers less-than-truckload (LTL) freight services. FedEx Services provides FedExs other companies with sales, marketing, information technology, communications, customer service and certain other back-office support. The Companys subsidiaries include Federal Express Corporation, FedEx Trade Networks, Inc., FedEx Ground Package System, Inc., FedEx SmartPost, Inc., FedEx Corporate Services, Inc. and GENCO Distribution System, Inc., among others.