NEW YORK (AVAFIN) -- A record number of CH Robinson Worldwide call contracts were traded during the busy trading session. There
were 1.7 call contracts traded for each put contract yielding a 0.60 put/call ratio
where 3,927 put and 6,571 call contracts exchanged hands.
A significant increase in the trading volume of a stock's option often is a precursor of movement
by the underlying stock. In such instances, put/call Ratio can be used as an investor sentiment
indicator, where a high ratio implies that the overall investor sentiment is bearish and a low
put/call ratio implies that the sentiment is bullish.
Shares of CH Robinson Worldwide edged up $1.72 (+3.00%) to $59.07. The price of the stock ranged
between a low of $57.13 and $59.16 respectively. The trading volume of 2M is above
the 90 day average volume of 1M shares. CHRW is trading below the 50
day moving average. The stock's 52 week low is $50.81 and 52 week high is $67.93. Within the last month, shares of CHRW have lost -4.23% of their value.
The stock has a P/E ratio of 15.63 and a dividend yield of 2.37%.
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