World Fuel Services Corporation (INT) : The consensus on World Fuel Services Corporation (INT) based on 1 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Company shares have received an average consensus rating of Hold for the current week World Fuel Services Corporation (NYSE:INT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.83 and $45.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.58, notching a gain of 0.40% for the day. The total traded volume was 245,496 . The stock had closed at $45.40 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Kasbar Michael J, director officer (Chairman, CEO and President) of World Fuel Services Corp, had unloaded 25,950 shares at an average price of $46.85 in a transaction dated on August 1, 2016. The total value of the transaction was worth $1,215,758.
World Fuel Services Corporation is a fuel logistics, transaction management and payment processing company. The Company is engaged in the distribution of fuel, and related products and services in the aviation, marine and land transportation industries. It operates in three segments: aviation, marine and land. The aviation segment offers fuel and related services to commercial airlines, second and third-tier airlines, cargo carriers, regional and low cost carriers, airports, fixed-based operators, corporate fleets, fractional operators, private aircraft, military fleets and to the United States and foreign Governments. The marine segment offers fuel, lubricants, and related products and services to a base of marine customers, including international container and tanker fleets, commercial cruise lines, yachts and time-charter operators, the United States and foreign Governments. The land segment offers fuel, lubricants, and related products and services to petroleum distributors.