Shares of United Parcel Service (UPS) Sees Large Outflow of Money

United Parcel Service (UPS) : The total money flow in United Parcel Service (UPS) was negative ($1.52 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $9.64 million. In comparison, the inflow of money into the stock on upticks was $8.13 million. The uptick to downtick ratio was 0.84. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.67 million. The negative money flow of ($2.67 million) confirms the selling in United Parcel Service (UPS) on strength. United Parcel Service (UPS) gained $0.14 at $107.86, a gain of 0.13% over the previous days close. However, the stock registered -0.46% in the week.


United Parcel Service (UPS) stock is expected to deviate a maximum of $7.54 from the average target price of $108.09 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $115 and the most muted being $90. The stock has recorded a 20-day Moving Average of 2.13% and the 50-Day Moving Average is 3.91%.

United Parcel Service (NYSE:UPS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $107.69 and $107.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $108.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.85, notching a gain of 0.12% for the day. The total traded volume was 2,343,771 . The stock had closed at $107.72 on the previous day.

United Parcel Service, Inc. is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages in over 220 countries and territories. It also provides control and visibility of customers inventories and supply chains via its UPS technology platform. The Company offers transportation, distribution, forwarding, ground freight, ocean freight, air freight, brokerage and financing services. It operates in three segments: U.S. Domestic Package, International Package and Supply Chain & Freight. Its WorldShip is a desktop shipping application that provides middle market and large customers with shipping capabilities. Customers can create custom labels, set up shipment alerts, create and upload customs documentation, track and export shipments, create reports and integrate with their enterprise resource planning and accounting systems. UPS marketplace shipping allows marketplace sellers to ship their orders via or WorldShip.

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