Large Outflow of Money Witnessed in FedEx Corporation

FedEx Corporation (FDX) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($41.13 million) and the uptick to downtick ratio was 0.55. The transaction value on upticks was $49.67 million and on downticks, the transaction value was $90.8 million. In block trades, the transaction value of inflow done during uptick was $3.47 million. The transaction value of block trades during downticks was $42.28 million. The uptick to downtick block trade ratio was 0.08. The money flow was negative ($38.82 million), indicating the traders were booking profit on the price strength. FedEx Corporation (FDX) rose $0.89 at $157.11, during intraday Tuesday , a rise of 0.57% over the previous days close.


The company Insiders own 8.15% of FedEx Corporation shares according to the proxy statements. Institutional Investors own 77.76% of FedEx Corporation shares. In an insider trading activity,The director officer (Chairman/President/CEO) of Fedex Corp, Smith Frederick W sold 200,000 shares at $166.3 on April 21, 2016. The Insider selling transaction had a total value worth of $33,260,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of FedEx Corporation appreciated by 5.11% during the last five trading days but lost 0.32% on a 4-week basis. FedEx Corporation has dropped 2.88% during the last 3-month period . Year-to-Date the stock performance stands at 7.81%.

FedEx Corporation (NYSE:FDX): stock turned positive on Tuesday. Though the stock opened at $157.8, the bulls momentum made the stock top out at $160.15 level for the day. The stock recorded a low of $157.41 and closed the trading day at $159.95, in the green by 1.81%. The total traded volume for the day was 1,723,689. The stock had closed at $157.11 in the previous days trading.

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company offers its services through companies constituting four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. FedEx Express offers a range of domestic and international shipping services for delivery of packages and freight. FedEx Ground provides business and residential money-back guaranteed ground package delivery services. FedEx Freight offers less-than-truckload (LTL) freight services. FedEx Services provides FedExs other companies with sales, marketing, information technology, communications, customer service and certain other back-office support. The Companys subsidiaries include Federal Express Corporation, FedEx Trade Networks, Inc., FedEx Ground Package System, Inc., FedEx SmartPost, Inc., FedEx Corporate Services, Inc. and GENCO Distribution System, Inc., among others.

Leave a Reply

Get Pre-Market Alerts!

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