On a relative basis, the stock has outperformed the S&P 500 by 0.45% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.49% in the last 1 week, and is up 0.31% 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 0.39% and the 50-Day Moving Average is 2.24%.The 200 Day SMA reached 7.65%. Expeditors International of Washington Inc. is up 3.72% in the last 3-month period. Year-to-Date the stock performance stands at 14.73%.
Expeditors International of Washington (NASDAQ:EXPD): After opening at $51.3, the stock dipped to an intraday low of $51.05 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.64 and the buying power remained strong till the end. The stock closed at $51.32 for the day, a gain of 0.29% for the day session. The total traded volume was 776,167. The stocks close on the previous trading day was $51.17.
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.