United Parcel Service price action in stalemate as markets close for Thanksgiving

Published: November 25 2022, 08:16 GMT+0

United Parcel Service price action in stalemate as markets close for Thanksgiving

The US stock market is closed for the Thanksgiving holiday and resumes today. Meanwhile, here is a recap of Wednesday: without a clear direction, United Parcel Service closed at $182.84 while ranging between $182.71 and $183.93.

  • Wednesday's trading volume was 1.37 million shares which is lower than the 21-day average of 2.86 million.

The US stock market is set to reconvene later today following Thanksgiving in 6 hours time. S&P 500 went up to 4,027.26, making a 0.59% change. While UPS remained flat Wednesday, the Industrials sector went up by 0.321%.

Having set a significant high of $232.11 a month ago, the supply chain manager is trading 14.83% lower. The S&P 500 has been doing worse in 2022, it has been passing it by 4.85%. UPS is currently trading with a market cap of $133.44 billion with an average daily trading volume of 2.86 million shares. UPS has a forecast of $24.4 billion with an EPS of $2.86.

Meanwhile, mixed performances were seen by other industrials stocks as Deere & Company was up 5.03%. Boeing was up 1.36%. Lockheed Martin was up 0.33%.

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