Shares of FedEx Corporation (FDX) Sees Large Inflow of Net Money Flow

FedEx Corporation (FDX) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.06. The total value of inflow transactions on upticks was $96.43 million, whereas, the total value of outflow trades on downticks was $91.28 million. The total money flow was $5.14 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $17.12 million. The total value of the trades done on upticks was $22.02 million. Downticks saw transactions worth $4.9 million. The total uptick to downtick ratio stood at 4.49, mildly in favor of the bulls. FedEx Corporation (FDX) was trading with a -1.04% change over previous days close. It fell $1.85 during the day and reached $175.45. The stock was 0.61% compared to the previous weeks close.


Shares of FedEx Corporation rose by 0.91% in the last five trading days and 6.48% for the last 4 weeks. FedEx Corporation is up 17.05% in the last 3-month period. Year-to-Date the stock performance stands at 18.55%.

FedEx Corporation (FDX) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

FedEx Corporation (NYSE:FDX): stock was range-bound between the intraday low of $174.52 and the intraday high of $177.25 after having opened at $176.87 on Wednesdays session. The stock finally closed in the red at $176.87, a loss of -1.04%. The stock remained in the red for the whole trading day. The total traded volume was 2,280,851 shares. The stock failed to cross $177.25 in Wednesdays trading. The stocks closing price on Thursday was $177.3.

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.

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