Old Dominion Freight Line Inc. (ODFL) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Old Dominion Freight Line Inc. (ODFL) experienced unusually high volume on Dec. 21, as the stock lost 4.76% to a closing price of $57.25. The stock saw 2 million shares trade hands over the course of the day on 11,028 trades. Given that the stock’s average daily volume over the last month has been 690,578 shares a day, this represents a pretty substantial spike over the norm.

Old Dominion Freight Line Inc. has a P/B ratio of 2.94. It also has a P/E ratio of 16.2. The stock has traded between $80.96 and $56.95 over the last 52-weeks, its 50-day SMA is now $62.81, and its 200-day SMA $68.52.

Old Dominion Freight Lines is a less-than-truckload, union-free motor carrier providing regional, inter-regional and national LTL service and value-added logistics services. It offers logistics services to its customers.

Headquartered in Thomasville, NC, Old Dominion Freight Line Inc. has 16,443 employees and is currently under the leadership of CEO David S. Congdon.

For a complete fundamental analysis analysis of Old Dominion Freight Line Inc., check out Equities.com’s Stock Valuation Analysis report for ODFL. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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