Union Pacific Corporation (NYSE:UNP) has tumbled 1.35% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.27% in the last four weeks. The stocks have underperformed the S&P 500 by 0.17% during the past week but Union Pacific Corporation (NYSE:UNP) it has outperformed the index in 4 weeks by 5.3%.
Union Pacific Corporation (NYSE:UNP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $87.00 and $86.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $87.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $87.58, notching a gain of 0.56% for the day. The total traded volume was 4,141,861 . The stock had closed at $87.09 on the previous day.
The company shares have dropped -13.66% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $102.74 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $85.17 and the 200 Day Moving Average price is recorded at $80.20.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Duren Diane K, officer (EVP & CORPORATE SECRETARY) of Union Pacific Corp, had unloaded 2,500 shares at an average price of $85.46 in a transaction dated on June 3, 2016. The total value of the transaction was worth $213,650.
Many analysts have stated their opinion on the company shares. Oppenheimer initiates coverage on Union Pacific Corporation (NYSE:UNP) The shares have been rated Perform. The rating by the firm was issued on June 16, 2016. Currently the company Insiders own 0.14% of Union Pacific Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.87% . Institutional Investors own 80.67% of Union Pacific Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -1.01%.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States, which has 31,974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail, providing a supply chain link around the world. Its business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Company serves United States population centers, operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canadas rail systems and serves six Mexico gateways. The Companys freight traffic consists of bulk, manifest, and premium business.