J.B. Hunt Transport Services (JBHT) : Net money flow in J.B. Hunt Transport Services (JBHT) was negative ($3.56 million) and the inflow of money on uptick was $13.61 million, whereas, the outflow of money on downticks amounted to $17.17 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.79. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $3.94 million. The money flow in block trades was negative ($3.94). J.B. Hunt Transport Services (JBHT) gained $0.75 cent during the day and reached $82.44, a gain of 0.92% over the previous day.
J.B. Hunt Transport Services (JBHT) : Average target price received by J.B. Hunt Transport Services (JBHT) is $90.15 with an expected standard deviation of $5.83. The most aggressive target on the stock is $96, whereas the most downbeat target is $80. 13 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 2.78% and the 50-Day Moving Average is 1.09%.
J.B. Hunt Transport Services (NASDAQ:JBHT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.97 and $81.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $82.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.44, notching a gain of 0.92% for the day. The total traded volume was 889,409 . The stock had closed at $81.69 on the previous day.
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.