What is the Market's View on Expeditors International of Washngtn Inc (EXPD) Stock's Price and Volume Trends Tuesday?

The market has been high on Expeditors International of Washngtn Inc (EXPD) stock recently. EXPD gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Expeditors International of Washngtn Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EXPD!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator 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 EXPD Stock Today?

Expeditors International of Washngtn Inc (EXPD) stock is trading at $119.48 as of 2:48 PM on Tuesday, Nov 28, a rise of $0.91, or 0.77% from the previous closing price of $118.57. The stock has traded between $118.00 and $120.00 so far today. Volume today is light. So far 855,590 shares have traded compared to average volume of 1,384,389 shares. To screen for more stocks like Expeditors International of Washngtn Inc click here.

More About Expeditors International of Washngtn Inc

Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2021, Expeditors derived 38% of consolidated net revenue from airfreight, 27% from ocean freight, and 35% from customs brokerage and other services. Click Here to get the full Stock Report for Expeditors International of Washngtn Inc stock.