Expeditors International of Washington (EXPD) : Wednesdays money flow data in Expeditors International of Washington (EXPD) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $2.6 million, whereas, $1.6 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.63, in favor of the bulls. The total money flow into the stock was $1 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $0 million. The total value of block trades done on upticks was $0.64 million. The value of bearish trades on downticks was only $0.64 million.The up/down ratio in the block trades was a healthy 1 in favor of the bulls, suggesting strong buying in the stock by large traders. Expeditors International of Washington (EXPD) fell $0.22 and traded at $51.19, down -0.43% for the day, over previous days close. On a weekly basis, the shares are 0.63% over the previous weeks close.
Shares of Expeditors International of Washington Inc. rose by 1.38% in the last five trading days and 0.74% for the last 4 weeks. Expeditors International of Washington Inc. is up 6.85% in the last 3-month period. Year-to-Date the stock performance stands at 15.02%.
Expeditors International of Washington (EXPD) : The consensus on Expeditors International of Washington (EXPD) based on 12 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Expeditors International of Washington (NASDAQ:EXPD): The stock opened at $51.42 and touched an intraday high of $51.47 on Wednesday. During the day, the stock corrected to an intraday low of $51.11, however, the bulls stepped in and pushed the price higher to close in the green at $51.45 with a gain of 0.08% for the day. The total traded volume for the day was 782,945. The stock had closed at $51.41 in the previous trading session.
Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Companys services include air and ocean freight transportation and customs brokerage. The Company also provides additional services, including order management, time-definite transportation, warehousing and distribution, cargo insurance and logistics solutions. The Company operates in Americas, including the United States, Other North America and Latin America; Asia Pacific; Europe, and Middle East, Africa and India. The Company provides airfreight services and acts either as a freight consolidator or as an agent for the airline, which carries the shipment. The Company operates Expeditors International Ocean, Inc. (EIO), an Ocean Transportation Intermediary, also known as Non-Vessel Operating Common Carrier (NVOCC), which specializes in ocean freight services in trade lanes across the world.