Norfolk Souther Corporation (NSC) : $6.69 million worth of transactions were on upticks in Norfolk Souther Corporation (NSC), compared to $3.98 million on downticks. The ratio between the two was 1.68, whereas, the net money flow stood at a healthy $2.7 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $1.31million worth of trades. The total money flow into the stock stood at $1.31 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.03%. The stock was trading at $94.45, with a drop of $0.03 over the previous days close. The stock recorded 0.89% for the week.
Shares of Norfolk Southern Corporation rose by 2.6% in the last five trading days and 1.62% for the last 4 weeks. Norfolk Southern Corporation is up 14.83% in the last 3-month period. Year-to-Date the stock performance stands at 15.47%.
Norfolk Souther Corporation (NSC) has an average broker rating of 2.79, which is interpreted as a Hold, as rated by 18 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 12 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 2, which is also a Buy. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Norfolk Souther Corporation (NYSE:NSC): The stock opened at $94.5 and touched an intraday high of $95.62 on Wednesday. During the day, the stock corrected to an intraday low of $94.17, however, the bulls stepped in and pushed the price higher to close in the green at $95.53 with a gain of 1.11% for the day. The total traded volume for the day was 1,100,160. The stock had closed at $94.48 in the previous trading session.
Norfolk Southern Corporation is a holding company. The Company owns a freight railroad, Norfolk Southern Railway Company. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest and through interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through various Atlantic and Gulf Coast ports. It provides logistics services and offers an intermodal network in the eastern half of the United States. The Companys system reaches various individual industries, electric generating facilities, mines, distribution centers, transload facilities and other businesses located in its service area. The Companys general merchandise market group is composed of five commodity groupings: chemicals; metals and construction; agriculture, consumer products, and Government; automotive, and paper, clay and forest products.