Expeditors International of Washington (EXPD) has risen sharply, recording gains of 3.32% in the past 4 weeks. However, the stock has corrected -0.21% in the past 1 week, providing a good buying opportunity on dips. Expeditors International of Washington (EXPD) : Traders are bullish on Expeditors International of Washington (EXPD) as it has outperformed the S&P 500 by a wide margin of 3.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.44%, relative to the S&P 500.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.24% and the fifty day Moving Average is 2.26%. Expeditors International of Washington Inc. is up 4.93% in the last three month period. Year-to-Date the stock performance stands at 14.17%.
Expeditors International of Washington (EXPD) : Currently there are 8 street experts covering Expeditors International of Washington (EXPD) stock. The most bullish and bearish price target for the stock is $58 and $43 respectively for the short term. The average price target of all the analysts comes to $50.5. The estimated standard deviation from the target is $4.57.
Expeditors International of Washington (NASDAQ:EXPD): On Fridays trading session , Opening price of the stock was $51.08 with an intraday high of $51.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.94. However, the stock managed to close at $51.07, a loss of 0.29% for the day. On the previous day, the stock had closed at $51.22. The total traded volume of the day was 1,030,522 shares.
Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Companys services include air and ocean freight transportation and customs brokerage. The Company also provides additional services, including order management, time-definite transportation, warehousing and distribution, cargo insurance and logistics solutions. The Company operates in Americas, including the United States, Other North America and Latin America; Asia Pacific; Europe, and Middle East, Africa and India. The Company provides airfreight services and acts either as a freight consolidator or as an agent for the airline, which carries the shipment. The Company operates Expeditors International Ocean, Inc. (EIO), an Ocean Transportation Intermediary, also known as Non-Vessel Operating Common Carrier (NVOCC), which specializes in ocean freight services in trade lanes across the world.