United Parcel Service (UPS) has risen sharply, recording gains of 0.79% in the past 4 weeks. However, the stock has corrected -1.47% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.02% and the fifty day Moving Average is 0.8%. United Parcel Service, Inc. is up 6.55% in the last three month period. Year-to-Date the stock performance stands at 15.81%.
United Parcel Service (UPS) : The most positive equity analysts on United Parcel Service (UPS) expects the shares to touch $120, whereas, the least positive believes that the stock will trade at $91 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $109.91 with an expected fluctuation of $8.04 from the mean.
United Parcel Service (NYSE:UPS): On Fridays trading session , Opening price of the stock was $109.22 with an intraday high of $109.82. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $108.59. However, the stock managed to close at $108.95, a loss of 0.35% for the day. On the previous day, the stock had closed at $109.33. The total traded volume of the day was 1,922,858 shares.
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 www.ups.com or WorldShip.