Expeditors International of Washington (EXPD) Shares are Up 0.23%

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 1.51% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.18%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.23% in the last 1 week, and is up 2.56% 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 1.79% and the 50-Day Moving Average is 3.53%. Expeditors International of Washington (NASDAQ:EXPD): On Fridays trading session , Opening price of the stock was $51.3 with an intraday high of $51.36. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.56. However, the stock managed to close at $51.28, a loss of 0.04% for the day. On the previous day, the stock had closed at $51.3. The total traded volume of the day was 833,796 shares.


The company Insiders own 0.86% of Expeditors International of Washington shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.94% . Institutional Investors own 92.46% of Expeditors International of Washington shares. During last six month period, the net percent change held by insiders has seen a change of -24.94%. Also, Major Brokerage house, Stifel Nicolaus downgrades its ratings on Expeditors International of Washington (NASDAQ:EXPD). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on August 4, 2016.

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.

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