World Fuel Services Corporation (INT) : During the past 4 weeks, traders have been relatively bearish on World Fuel Services Corporation (INT), hence the stock is down -6.48% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.23% relative to the S&P 500. The 4-week change in the price of the stock is -6.12% and the stock has fallen -0.26% in the past 1 week.
World Fuel Services Corp. is up 0.98% in the last 3-month period. Year-to-Date the stock performance stands at 17.95%. The stock has recorded a 20-day Moving Average of 1.82% and the 50-Day Moving Average is 2.03%.
World Fuel Services Corporation (NYSE:INT): The stock opened at $45.74 on Friday but the bulls could not build on the opening and the stock topped out at $45.74 for the day. The stock traded down to $45.09 during the day, due to lack of any buying support eventually closed down at $45.25 with a loss of -0.85% for the day. The stock had closed at $45.64 on the previous day. The total traded volume was 252,997 shares.
Also, Major Brokerage house, Credit Suisse downgrades its ratings on World Fuel Services Corporation (NYSE:INT). In the latest research report, Credit Suisse maintains the target price to $45 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on April 29, 2016.
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.