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Expeditors Intl: The Winning Streak Continues (EXPD)

By Shiri Gupta

Shares of Expeditors Intl (NASDAQ:EXPD) traded today at $80.50, breaking its 52-week high. This new high was reached on below average trading volume as 88,000 shares traded hands, while the average 30-day volume is approximately 997,000 shares.

In the past 52 weeks, shares of Expeditors Intl have traded between a low of $59.10 and a high of $80.50 and are now at $80.19, which is 36% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Expeditors International of Washington, Inc. is a global logistics company. The Company provides air and ocean freight forwarding, vendor consolidation, customs clearance, marine insurance, distribution, and other international logistics services.

Expeditors Intl (NASDAQ:EXPD) is currently priced 13.9% above its average consensus analyst price target of $69.08. The stock should find initial support at its 50-day moving average (MA) of $75.47 and further support at its 200-day MA of $72.48.

SmarTrend is tracking the current trend status for Expeditors Intl and will alert subscribers who have EXPD in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows expeditors intl

Ticker(s): EXPD