United Parcel Service (NYSE:UPS) has climbed 0.48% in the past week and advanced 3.46% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.68% and the outperformance has advanced to 2.51% for the last 4 weeks period.
United Parcel Service (NYSE:UPS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $104.25 and $104.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $105.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $105.02, notching a gain of 0.78% for the day. The total traded volume was 3,417,228 . The stock had closed at $104.21 on the previous day.
The company shares have rallied 3.58% from its 1 Year high price. On Oct 26, 2015, the shares registered one year high at $107.32 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $102.98 and the 200 Day Moving Average price is recorded at $100.18.
On the companys insider trading activities,The officer (Senior Vice President) of United Parcel Service Inc, Barnes David A sold 11,712 shares at $102.47 on May 25, 2016. The Insider selling transaction had a total value worth of $1,200,129. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Citigroup maintains its outlook on United Parcel Service (NYSE:UPS). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $102 per share to $109 per share. The rating by the firm was issued on April 29, 2016. Currently the company Insiders own 0.72% of United Parcel Service shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.21% . Institutional Investors own 54.96% of United Parcel Service shares. During last six month period, the net percent change held by insiders has seen a change of -10.71%.
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.