07.12.2016 13:10:00
|
Air Delivery & Freight Services Stocks Under Scanner -- Sino-Global Shipping America, FedEx, C.H. Robinson, and XPO Logistics
NEW YORK, December 7, 2016 /PRNewswire/ --
The Air Delivery and Freight Services industry consists of companies that are engaged in air cargo and mail carriers, packaging and logistic air freight services, postal delivery services on a contract basis, as well as land-based courier services. Ahead of today's trading session, Stock-Callers.com takes another look at four equities to see how current market conditions have affected their most recent performances: Sino-Global Shipping America Ltd (NASDAQ: SINO), FedEx Corp. (NYSE: FDX), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), and XPO Logistics Inc. (NYSE: XPO). You can access of our complimentary research reports on these stocks now at:
http://stock-callers.com/registration
Sino-Global Shipping America
Shares in Roslyn, New York headquartered Sino-Global Shipping America Ltd rose 3.48%, ending Tuesday's trading session at $3.87. The stock recorded a trading volume of 796,271 shares. The Company's shares have surged 287.00% in the last one month, 148.08% in the previous three months, and 344.88% on an YTD basis. The stock is trading 94.05% above its 50-day moving average and 214.95% above its 200-day moving average. Moreover, shares of Sino-Global Shipping America, which provides shipping agency and inland transportation management services in the US, the People's Republic of China, Australia, and Canada, have a Relative Strength Index (RSI) of 57.61.
On November 01st, 2016, Sino-Global Shipping America announced that its Chief Executive Officer, Mr. Lei Cao, released a Letter to Shareholders updating current activities and outlining its corporate strategy for 2016 and 2017. The company also announced that by the end of the year it will launch a fully functional internet-based portal where shippers can connect with independent trucking organizations. The company stated that it has designed the system to enhance productivity and convenience for customers and partners while providing Sino-Global with a steady fee income from providing the connection. Visit us today and download your complete report on SINO for free at:
http://stock-callers.com/registration/?symbol=SINO
FedEx
Memphis, Tennessee-based FedEx Corp.'s stock declined 0.60%, closing the day at $193.33, with a total trading volume of 1.24 million shares. The Company's shares have advanced 10.60% in the last month, 17.31% over the previous three months, and 30.63% since the start of this year. The stock is trading 8.11% and 17.68% above its 50-day and 200-day moving averages, respectively. Additionally, shares of FedEx, which provides transportation, e-commerce, and business services in the US and internationally, have an RSI of 74.23.
On November 15th, 2016, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold', issuing a target price of $186 per share.
On November 18th, 2016, FedEx's Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend is payable January 03rd, 2017, to stockholders of record at the close of business on December 12th, 2016. The complimentary research report on FDX can be accessed at:
http://stock-callers.com/registration/?symbol=FDX
C.H. Robinson Worldwide
On Tuesday, shares in Eden Prairie, Minnesota headquartered C.H. Robinson Worldwide Inc. recorded a trading volume of 1.43 million shares. The stock ended the day 0.23% higher at $75.56. The Company's shares have gained 10.00% in the past month, 7.60% in the previous three months, and 24.05% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.24% and 6.15%, respectively. Furthermore, shares of C.H. Robinson Worldwide, which provides freight transportation services and logistics solutions to companies in various industries worldwide, have an RSI of 70.18.
On November 22nd, 2016, C.H. Robinson announced that it has secured a contract renewal with Tesco, a multinational grocery and general merchandise retailer, to increase current distribution of its wide range of products throughout Poland. Since 2011, C.H. Robinson has handled a percentage of Tesco Poland's business, out of Tesco's Gliwice Distribution Centre, as part of an outsource transport solution.
On November 22nd, 2016, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold'. The research firm revised upwards its previous target price from $73 to $75. Register for free on Stock-Callers.com and download the PDF research report on CHRW at:
http://stock-callers.com/registration/?symbol=CHRW
XPO Logistics
Greenwich, Connecticut headquartered XPO Logistics Inc.'s stock rose 2.30%, finishing yesterday's session at $45.78, with a total trading volume of 1.18 million shares. The Company's shares have advanced 32.01% in the last one month, 28.92% over the previous three months, and 68.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 20.80% and 43.04%, respectively. Additionally, shares of XPO Logistics, which provides transportation and logistics services primarily in the US, have an RSI of 76.24.
Yesterday, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $42 a share to $54 a share. Get free access to your research report on XPO at:
http://stock-callers.com/registration/?symbol=XPO
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu C.H. Robinson Worldwide Inc.mehr Nachrichten
Analysen zu C.H. Robinson Worldwide Inc.mehr Analysen
Aktien in diesem Artikel
C.H. Robinson Worldwide Inc. | 103,00 | 0,00% | |
FedEx Corp. | 286,95 | 2,21% | |
XPO Logistics Inc | 142,45 | 3,11% |