The stock of ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO) is a huge mover today! About 1.70 million shares traded hands. ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 7 months positive chart setup for the $12.72 billion company. It was reported on Nov, 18 by Barchart.com. We have $25.90 PT which if reached, will make NYSE:ZTO worth $7.50 billion more.
According to Zacks Investment Research, “ZTO Express Inc. is an express delivery company. It provides express delivery service through its nationwide network as well as other value-added logistics services. The Company offers route planning and optimization, waybill tracking system and transportation management system. ZTO Express Inc. is based in Shanghai, China.”
More important recent ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO) news were published by: Marketwatch.com which released: “ZTO Express (Cayman) Inc. ADR” on October 06, 2016, also Quotes.Wsj.com published article titled: “DOW JONES, A NEWS CORP COMPANY”, Marketwatch.com published: “5 things to know about the largest IPO of the year, China’s ZTO Express” on October 25, 2016. More interesting news about ZTO Express (Cayman) Inc (ADR) (NYSE:ZTO) was released by: Seekingalpha.com and their article: “Underfollowed Growth Story Of TPI Composites, Inc.: A Trump Victim?” with publication date: November 16, 2016.
ZTO Company Profile
ZTO Express (Cayman) Inc. is an express delivery firm in China. The Firm provides express delivery service through its nationwide network, as well as other value-added logistics services. The Firm provides its services for a range of online merchants and clients transacting on the Chinese e-commerce platforms, such as Alibaba and JD.com.
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