At the end of the latest market close, Old Dominion Freight Line Inc. (ODFL) was valued at $317.83. In that particular session, Stock kicked-off at the price of $326.86 while reaching the peak value of $327.26 and lowest value recorded on the day was $316.45. The stock current value is $313.36.Recently in News on January 5, 2022, Old Dominion Freight Line to Webcast Fourth Quarter and Year-End 2021 Conference Call. Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its fourth quarter and year-end 2021 financial results before opening of trading on Wednesday, February 2, 2022. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, February 2, 2022. You can read further details here
Old Dominion Freight Line Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $360.00 on 01/03/22, with the lowest value was $309.99 for the same time period, recorded on 01/14/22.
Old Dominion Freight Line Inc. (ODFL) full year performance was 53.16%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Old Dominion Freight Line Inc. shares are logging -16.12% during the 52-week period from high price, and 62.57% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $192.76 and $373.58.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 654999 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Old Dominion Freight Line Inc. (ODFL) recorded performance in the market was -11.31%, having the revenues showcasing 7.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 37.61B, as it employees total of 19779 workers.
Market experts do have their say about Old Dominion Freight Line Inc. (ODFL)
During the last month, 4 analysts gave the Old Dominion Freight Line Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 325.49, with a change in the price was noted +27.89. In a similar fashion, Old Dominion Freight Line Inc. posted a movement of +9.77% for the period of last 100 days, recording 617,940 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ODFL is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
Technical breakdown of Old Dominion Freight Line Inc. (ODFL)
Raw Stochastic average of Old Dominion Freight Line Inc. in the period of last 50 days is set at 5.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.48%. In the last 20 days, the company’s Stochastic %K was 7.70% and its Stochastic %D was recorded 11.75%.
Bearing in mind the latest performance of Old Dominion Freight Line Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -11.31%. Additionally, trading for the stock in the period of the last six months notably improved by 25.16%, alongside a boost of 53.16% for the period of the last 12 months. The shares increased approximately by -7.12% in the 7-day charts and went up by -9.73% in the period of the last 30 days. Common stock shares were driven by 7.53% during last recorded quarter.