Expeditors International of Washington (NASDAQ:EXPD) : During the past 4 weeks, traders have been relatively bearish on Expeditors International of Washington (NASDAQ:EXPD), hence the stock is down -0.27% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.81% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.46% in the last 1 week, and is up 1.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 8.73% from its 1 Year high price. On Oct 26, 2015, the shares registered one year high at $51.80 and the one year low was seen on Jan 15, 2016. The 50-Day Moving Average price is $48.79 and the 200 Day Moving Average price is recorded at $47.22.
The stock has recorded a 20-day Moving Average of 2.67% and the 50-Day Moving Average is 3.07%.
Expeditors International of Washington (NASDAQ:EXPD): stock turned positive on Friday. Though the stock opened at $49.68, the bulls momentum made the stock top out at $50.13 level for the day. The stock recorded a low of $49.29 and closed the trading day at $49.92, in the green by 1.34%. The total traded volume for the day was 910,002. The stock had closed at $49.26 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Alger Eugene K, officer (Executive VP Global Services) of Expeditors International Of Washington Inc, had unloaded 12,460 shares at an average price of $48.5 in a transaction dated on June 1, 2016. The total value of the transaction was worth $604,310.
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.