Large Inflow of Money Witnessed in C.H. Robinson Worldwide

C.H. Robinson Worldwide (CHRW) : $2.29 million worth of transactions were on upticks in C.H. Robinson Worldwide (CHRW), compared to $1.66 million on downticks. The ratio between the two was 1.38, whereas, the net money flow stood at a healthy $0.63 million on Thursdays session. The consistent buying on upticks in the stock accounted for $0million worth of trades. The total money flow into the stock stood at $0 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.57%. The stock was trading at $74.37, with a drop of $0.43 over the previous days close. The stock recorded -1.09% for the week.


C.H. Robinson Worldwide (CHRW) : Currently there are 13 street experts covering C.H. Robinson Worldwide (CHRW) stock. The most bullish and bearish price target for the stock is $85 and $65 respectively for the short term. The average price target of all the analysts comes to $76.31. The estimated standard deviation from the target is $5.75. The stock has recorded a 20-day Moving Average of 0.4% and the 50-Day Moving Average is 0.65%.

C.H. Robinson Worldwide (NASDAQ:CHRW): The stock opened at $74.93 on Thursday but the bulls could not build on the opening and the stock topped out at $74.99 for the day. The stock traded down to $73.29 during the day, due to lack of any buying support eventually closed down at $73.36 with a loss of -1.93% for the day. The stock had closed at $74.80 on the previous day. The total traded volume was 2,736,231 shares.

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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