How Will the Market React to XPO Logistics Inc (XPO) Stock Getting a Neutral Rating

Friday, August 7, 2020 3:30 PM | InvestorsObserver Analysts

XPO Logistics Inc (XPO) stock has gained 7.25% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,neutral
XPO Logistics Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on XPO!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.

Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With XPO Stock Today?

XPO Logistics Inc (XPO) stock is trading at $80.46 as of 3:25 PM on Friday, Aug 7, a gain of $3.62, or 4.71% from the previous closing price of $76.84. The stock has traded between $76.89 and $80.55 so far today. Volume today is 1,118,343 compared to average volume of 1,283,667.

To see InvestorsObserver's Sentiment Score for XPO Logistics Inc click here.

More About XPO Logistics Inc

XPO Logistics is a global transportation and logistics company. After a few large acquisitions in 2015, roughly 65% of XPO's gross revenue now comes from transportation operations, including asset-light truck brokerage, intermodal, last mile, and global forwarding, as well as asset-based truckload and less-than-truckload shipping services in both North America and Europe. Its global contract logistics division (including warehousing and distribution services), which has a large presence in Europe, constitutes 35% of sales.

Share this article:

Related Companies

Upgrade to Premium and Analyze Stocks Like a Pro

50% Off All Subscriptions
InvestorsObserver Premium
InvestorsObserver Premium
InvestorsObserver Premium
Save up to 65% with annual

InvestorsObserver Premium

$ 20.75 $ 10.38 /month
$249 $124.50 billed annually

You May Also Like

Related Articles

Should You Buy Northrop Grumman Corporation (NOC) in Aerospace & Defense Industry?

Is Primoris Services Corp (PRIM) The Right Choice in Engineering & Construction?

What is the Forecast Price for Cross Country Healthcare, Inc. (CCRN) Stock?

Where Does Wall Street Think Great Lakes Dredge & Dock Corporation (GLDD) Stock Will Go?

Is J B Hunt Transport Services Inc (JBHT) Stock a Great Value?

European ADRs Move Lower in Friday Trading

Related Companies