Large Inflow of Money Witnessed in Expeditors International of Washington

Expeditors International of Washington (NASDAQ:EXPD) dropped slightly amid mild profit booking and the last known price was $48.59 per share. The price decreased by -0.08 points or -0.16% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $1.32 million. The total upticks were valued at $1.51 million and the total downticks aggregated to $0.2 million, thereby putting the up/down ratio at 7.69,. The shares have seen a change in the share price of 0.62% on a weekly basis.In a big block trade which occurred today, the total uptick value was $1.21 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $1.21 million.


The stock has recorded a 20-day Moving Average of 0.48% and the 50-Day Moving Average is 0.31%. The company shares have rallied 1.57% in the past 52 Weeks. On October 26, 2015 The shares registered one year high of $51.8 and one year low was seen on January 15, 2016 at $40.41. The 50-day moving average is $48.51 and the 200 day moving average is recorded at $47.03. S&P 500 has rallied 1.93% during the last 52-weeks.

Expeditors International of Washington (NASDAQ:EXPD): The stock opened at $48.73 on Tuesday but the bulls could not build on the opening and the stock topped out at $48.75 for the day. The stock traded down to $48.28 during the day, due to lack of any buying support eventually closed down at $48.57 with a loss of -0.21% for the day. The stock had closed at $48.67 on the previous day. The total traded volume was 1,763,863 shares.

Currently the company Insiders own 0.86% of Expeditors International of Washington shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.94% . Institutional Investors own 93.43% of Expeditors International of Washington shares. During last six month period, the net percent change held by insiders has seen a change of -24.94%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive VP Global Services) of Expeditors International Of Washington Inc, Alger Eugene K had sold 12,460 shares worth of $604,310 in a transaction dated June 1, 2016. In this transaction, 12,460 shares were sold at $48.5 per share.

Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Companys services include air and ocean freight transportation and customs brokerage. The Company also provides additional services, including order management, time-definite transportation, warehousing and distribution, cargo insurance and logistics solutions. The Company operates in Americas, including the United States, Other North America and Latin America; Asia Pacific; Europe, and Middle East, Africa and India. The Company provides airfreight services and acts either as a freight consolidator or as an agent for the airline, which carries the shipment. The Company operates Expeditors International Ocean, Inc. (EIO), an Ocean Transportation Intermediary, also known as Non-Vessel Operating Common Carrier (NVOCC), which specializes in ocean freight services in trade lanes across the world.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.