C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) traded at a new 52-week high today of $110.48. Approximately 129,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.
C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (63% of 2020 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm also operates a large air and ocean forwarding division (24%), which has grown organically and via acquisition, and a legacy produce-sourcing operation (8%). The remainder of net revenue reflects transportation management services and the firm's European truck brokerage operations.
C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) defies analysts with a current price ($110.02) 35.8% above its average consensus price target of $70.68.
In the past 52 weeks, shares of C.H. Robinson Worldwide Inc. have traded between a low of $84.67 and a high of $110.48 and is now at $110.02, which is 30% above that low price.
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