Expeditors International Of Washington Rises On Unusually High Volume (EXPD)
Expeditors International of Washington (Nasdaq:EXPD) is trading at unusually high volume Wednesday with 3.4 million shares changing hands. It is currently at two times its average daily volume and trading up $1.21 (+3.3%).
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Expeditors International of Washington (Nasdaq: EXPD) is trading at unusually high volume Wednesday with 3.4 million shares changing hands. It is currently at two times its average daily volume and trading up $1.21 (+3.3%) at $38.27 as of 1:51 p.m. ET.
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Expeditors International of Washington has a market cap of $8.36 billion and is part of the services sector and transportation industry. Shares are up 1.1% year to date as of the close of trading on Tuesday. Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. The company has a P/E ratio of 25, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Expeditors International of Washington as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Expeditors International of Washington Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.