FedEx Corp (FDX) is Trading Lower on Unusual Volume for January 18

Equities Staff |

FedEx Corp (FDX) experienced unusually high volume on Jan. 18, as the stock lost 3.63% to a closing price of $126.92. The stock saw 4.24 million shares trade hands over the course of the day on 35,439 trades. Given that the stock’s average daily volume over the last month has been 2.45 million shares a day, this represents a pretty substantial spike over the norm.

FedEx Corp has a P/B ratio of 2.33. It also has a P/E ratio of 32.4. The stock has traded between $185.19 and $124.84 over the last 52-weeks, its 50-day SMA is now $150.98, and its 200-day SMA $160.86.

FedEx Corp provides a portfolio of transportation, e-commerce and business services. It operates in four business: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services.

Headquartered in Memphis, TN, FedEx Corp has 166,000 employees and is currently under the leadership of CEO Henry J. Maier / Michael L. Ducker / David J. Bronczek / Frederick W. Smith.

For a complete fundamental analysis analysis of FedEx Corp, check out’s Stock Valuation Analysis report for FDX. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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