FedEx Corporation (FDX) Shares are Up 0.33%

On a relative basis, the stock has outperformed the S&P 500 by 1.72% 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 0.33% in the last 1 week, and is up 1.58% 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 0.25% and the 50-Day Moving Average is 2.97%.The 200 Day SMA reached 7.9%. FedEx Corporation is up 1.61% in the last 3-month period. Year-to-Date the stock performance stands at 11.55%.


FedEx Corporation (NYSE:FDX): The stock opened in the green at $166.22 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $167.08 and a low of $165.47 for the day. The stock did not find buyers even at the lows and closed at $165.49 recording a loss of -0.09%. 1,599,539 shares exchanged hands during the trading day. The stock had closed at $165.64 in the previous days trading.

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company offers its services through companies constituting four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. FedEx Express offers a range of domestic and international shipping services for delivery of packages and freight. FedEx Ground provides business and residential money-back guaranteed ground package delivery services. FedEx Freight offers less-than-truckload (LTL) freight services. FedEx Services provides FedExs other companies with sales, marketing, information technology, communications, customer service and certain other back-office support. The Companys subsidiaries include Federal Express Corporation, FedEx Trade Networks, Inc., FedEx Ground Package System, Inc., FedEx SmartPost, Inc., FedEx Corporate Services, Inc. and GENCO Distribution System, Inc., among others.

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