Old Dominion Freight Line, Inc (NASDAQ:ODFL) currently has a daily average trading volume of 1.42M but it saw 1677404 shares traded in last market. With a market cap of 40.08B USD, the company’s current market price of $187.74 came falling about -2.10 while comparing to the previous closing price of $191.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $233.26 and as low as $165.49. In the recent trading on the day, stock has struck highest price mark of $187.64 while lowest mark touched by it was $194.33.
Taking a look at 20-day trading activity of Old Dominion Freight Line, Inc (ODFL) gives us an average price of $209.72, while its current price level is -19.51% below from 52-week high level whereas it is 13.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $208.68 while that of 200 days or SMA-200 reads an average of $197.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.50% during that period while stretching the period over a month that decreases to 2.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 26.56 which implies that the stock is in oversold territory.
Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on October 21, 2024 while assigning a price target range of $209-$197. BMO Capital Markets also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $214 and $210.
Over the week, ODFL’s stock price is moving -7.54% down while it is -11.36% when we observe its performance for the past one month. Year-to-date it is -7.36% down and over the past year, the stock is showing a downside performance of -6.38%.
Currently, Old Dominion Freight Line, Inc’s total number of outstanding shares is 213.79M. Company’s return on investment (ROI) stands at 29.55% and return on equity (ROE) at 30.24%. It has a price to earnings ratio (P/E ratio) of 32.81 while having a 32.31 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 9.61 while price to sale or P/S ratio amounts to 6.77. Its return on asset (ROA) is 23.23% on average.
