On a relative basis, the stock has outperformed the S&P 500 by 1.3% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.38% in the last 1 week, and is up 5.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.45% and the 50-Day Moving Average is 6.3%.
United Parcel Service (NYSE:UPS): The stock opened at $111.80 on Friday but the bulls could not build on the opening and the stock topped out at $111.80 for the day. The stock traded down to $110.71 during the day, due to lack of any buying support eventually closed down at $111.03 with a loss of -0.42% for the day. The stock had closed at $111.50 on the previous day. The total traded volume was 2,280,467 shares.
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 54.99% of United Parcel Service shares. During last six month period, the net percent change held by insiders has seen a change of -10.71%. In a related news,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.
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.