United Parcel Service (UPS) : On Friday, The money flowed into the United Parcel Service (UPS) stock with an uptick to downtick ratio was recorded at 1.44. Transactions worth $7.92 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $5.51 million. The total money flow into the stock was $2.41 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.79 million of block transactions on upticks. The total money flow in block trades was $2.79 million. In terms of price action, United Parcel Service (UPS) traded down $0.17 during the session at $109.72. Compared to the previous days closing, the stock was down only by -0.15%. For the week, the stock is -1.18%, over previous weeks closing.
United Parcel Service (UPS) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $115 and the lowest price target forecast is $92. The average forecast of all the analysts is $108.27 and the expected standard deviation is $7.07.
United Parcel Service (NYSE:UPS): stock turned positive on Friday. Though the stock opened at $109.77, the bulls momentum made the stock top out at $110.47 level for the day. The stock recorded a low of $109.57 and closed the trading day at $110.36, in the green by 0.43%. The total traded volume for the day was 2,012,423. The stock had closed at $109.89 in the previous days trading.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of United Parcel Service Inc, Barnes David A had sold 11,712 shares worth of $1,200,129 in a transaction dated May 25, 2016. In this transaction, 11,712 shares were sold at $102.47 per share.
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.