Ryder System (NYSE:R) has been under a strong bear grip, hence the stock is down -3.19% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.89% in the past 1 week. The stock has risen by 4.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.63% in the past 4 weeks.
The company shares have dropped -29.58% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $93.86 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $65.42 and the 200 Day Moving Average price is recorded at $61.42.
The stock has recorded a 20-day Moving Average of 2.31% and the 50-Day Moving Average is 2.38%.
Ryder System (NYSE:R): stock turned positive on Friday. Though the stock opened at $62.82, the bulls momentum made the stock top out at $64.91 level for the day. The stock recorded a low of $62.7 and closed the trading day at $64.64, in the green by 4.06%. The total traded volume for the day was 692,428. The stock had closed at $62.12 in the previous days trading.
In an insider trading activity, The director officer (Chair and CEO), of Ryder System Inc, Sanchez Robert E had unloaded 37,550 shares at $68.05 per share in a transaction on May 24, 2016. The total value of transaction was $2,555,278. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Ryder System, Inc. (Ryder) is engaged in offering commercial fleet management and supply chain solutions. Ryder operates in two segments: Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). The Fleet Management Solutions segment provides service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers in the United States, Canada and the United Kingdom. The Supply Chain Solutions segment provides supply chain solutions, including distribution and transportation services in North America and Asia. The Supply Chain Solutions segment also provides services, which includes vehicles and drivers as part of a transportation solution in the United States. In addition, the Companys SCS business, as well as its FMS business provides customers with capacity management services.