Shares of J.B. Hunt Transport Services (JBHT) Sees Large Inflow of Net Money Flow

J.B. Hunt Transport Services (JBHT) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $35.92 million worth of transactions were on upticks, whereas, the downticks accounted for $33.77 million worth of transactions. The net money flow was a positive $2.14 million and the uptick to downtick ratio was 1.06. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 1.52 in their favor. The net money flow into the stock was $1.08 million. The value of block trades done on downticks was only $2.07 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $3.15 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. J.B. Hunt Transport Services (JBHT) was trading at $81.47, down $3.8 during day. The stock slid -4.46% over the previous days close. For the week, the stock recorded -4.15% over the previous weeks close.


JB Hunt Transport Services Inc. has dropped 6.61% during the last 3-month period . Year-to-Date the stock performance stands at 11.4%. JB Hunt Transport Services Inc. has dropped 4.38% in the last five trading days, however, the shares have posted positive gains of 2.45% in the last 4 weeks. In a related news, Roberts John N, (President and CEO) of Hunt J B Transport Services Inc, unloaded 60,000 shares at an average price of $82.49 on June 6, 2016. The total amount of the transaction was worth $4,949,400, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

J.B. Hunt Transport Services (NASDAQ:JBHT): On Mondays trading session , Opening price of the stock was $82.95 with an intraday high of $83.3399. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $81.27. However, the stock managed to close at $81.27, a loss of 4.69% for the day. On the previous day, the stock had closed at $85.27. The total traded volume of the day was 2,499,180 shares.

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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