C.H. Robinson Worldwide (CHRW) : C.H. Robinson Worldwide (CHRW) had a healthy money flow of $18.09 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $22.38 million, whereas, investors only sold shares worth $4.3 million on downticks. The stock closed the day with an up-down ratio of 5.21.The money flow in the block trades to the tune of $16.17 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $17.01 million worth of transactions were on upticks. A paltry $0.84 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 20.2. C.H. Robinson Worldwide (CHRW) stock slid $0.09 intraday and traded at 70.03, a change of -0.13% over previous days close. However, for the week, the company shares are 0.63% compared to previous weeks close.
Shares of CH Robinson Worldwide Inc. rose by 2.49% in the last five trading days and 1.81% for the last 4 weeks. CH Robinson Worldwide Inc. has dropped 4.02% during the last 3-month period . Year-to-Date the stock performance stands at 15.33%.
C.H. Robinson Worldwide (CHRW) : 5 brokerage houses believe that C.H. Robinson Worldwide (CHRW) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on C.H. Robinson Worldwide (CHRW). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 18 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.
C.H. Robinson Worldwide (NASDAQ:CHRW): The stock opened at $70.21 and touched an intraday high of $70.51 on Wednesday. During the day, the stock corrected to an intraday low of $69.59, however, the bulls stepped in and pushed the price higher to close in the green at $70.25 with a gain of 0.19% for the day. The total traded volume for the day was 1,040,023. The stock had closed at $70.12 in the previous trading session.
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.