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:
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:
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:
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:
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