J.B. Hunt Transport Services (JBHT) Shares are Down -2.25%

J.B. Hunt Transport Services (JBHT) has risen sharply, recording gains of 6.52% in the past 4 weeks. However, the stock has corrected -2.25% in the past 1 week, providing a good buying opportunity on dips. J.B. Hunt Transport Services (JBHT) : During the past 4 weeks, traders have been relatively bearish on J.B. Hunt Transport Services (JBHT), hence the stock is down -0.22% 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 -2.85% relative to the S&P 500.

J.B. Hunt Transport Services (NASDAQ:JBHT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.64 and $81.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $83.35, notching a gain of 2.33% for the day. The total traded volume was 891,919 . The stock had closed at $81.45 on the previous day.


The stock has recorded a 20-day Moving Average of 1.79% and the 50-Day Moving Average is 2.28%. JB Hunt Transport Services Inc. has dropped 2.84% during the last 3-month period . Year-to-Date the stock performance stands at 14.25%.

J.B. Hunt Transport Services, Inc. is a holding company that, together with its wholly owned subsidiaries, is engaged in providing surface transportation, delivery and logistics services. The Company operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The JBI segment includes freight that is transported by rail and certain repositioning truck freight moved by JBI equipment or third-party carriers. DCS segment includes company-owned and customer-owned DCS-operated revenue equipment and employee drivers assigned to a specific customer, traffic lane or service. ICS provides non-asset and asset-light transportation solutions. ICS services include flatbed, refrigerated, and less-than-truckload (LTL), as well as a variety of dry-van and intermodal solutions. JBT business includes full-load, dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment.

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