C.H. Robinson Worldwide, Inc. (CHRW) witnessed a selling pressure and the shares last traded with a loss of -0.95 points or -1.25% at $75.11. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $9.81 million with an inflow of $49.3 million in upticks and an outflow of $39.49 million in downticks. Using the data, the up/down ratio is found to be 1.25. The share price has recorded -3.18% on a weekly basis.A block trade of $10.62 million in uptick and $3.07 million in downtick was also observed, resulting in an up/down ratio of 3.46. The net money flow of the block trade stood at a $7.55, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Shares of C.H. Robinson Worldwide, Inc. rose by 0.58% in the last five trading days and 2.53% for the last 4 weeks. C.H. Robinson Worldwide, Inc. is up 10.91% in the last 3-month period. Year-to-Date the stock performance stands at 2.53%. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) witnessed a decline in the market cap on Wednesday as its shares dropped 1.25% or 0.95 points. After the session commenced at $74.6, the stock reached the higher end at $76 while it hit a low of $73.27. With the volume soaring to 2,936,117 shares, the last trade was called at $75.11. The company has a 52-week high of $77.8925. The company has a market cap of $10,645 million and there are 141,719,280 shares in outstanding. The 52-week low of the share price is $62.92.
Company has reported several Insider transactions to the SEC, on Jan 24, 2017, Michael John Short (President, Global Forwarding) sold 359 shares at 68.24 per share price.On Dec 1, 2016, James Lemke (Senior Vice President) sold 6,500 shares at 74.96 per share price.On Nov 10, 2016, Robert C Jr Biesterfeld (President, N American Surface) sold 600 shares at 71.30 per share price.
C.H. Robinson Worldwide Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.84. The company had revenue of $3415.00 million for the quarter, compared to analysts expectations of $3328.92 million. The companys revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by Stifel on Nov 22, 2016 to Hold, Raises Price Target to $ 75 from a previous price target of $73 .
C.H. Robinson Worldwide, Inc., is one of the largest third-party logistics companies in North America. C.H. Robinson is a global provider of multimodal transportation services and logistics solutions, operating through a network of offices in North America, South America and Europe. C.H. Robinson maintains the single largest network of motor carrier capacity in North America through contracts with motor carriers, and is one of the largest third-party providers of intermodal services in the United States. (PRESS RELEASE)