UPS (United Parcel Service) Stock Price Dips by $1.45 USD on November 1

UPS (United Parcel Service) Stock Price 

On November 1, 2023, the stock price of United Parcel Service, (NYSE: UPS) closed at $139.80, representing a decrease of $1.45, or approximately 1.03%, from the previous trading day's closing price. 

UPS (United Parcel Service) Stock Analysis

United Parcel Service, (UPS) is a well-established logistics and package delivery company listed on the New York Stock Exchange (NYSE) under the ticker symbol UPS. On November 1, 2023, the company's stock closed at a price of $139.80, reflecting a decline of $1.45, equivalent to approximately 1.03% during the day's trading. After hours, the stock showed a slight increase to $139.90, up by $0.10 or 0.072%.

The stock's trading activity on November 1 displayed a range between the day's low of $138.05 and a high of $142.14. Over the past 52 weeks, the stock has demonstrated a trading range between a low of $133.68 and a high of $197.80, underlining its price volatility and movement in a broader context.

UPS boasts a market capitalization of approximately $119.45 billion, signifying its significant presence in the logistics and package delivery industry. The company's price-to-earnings (P/E) ratio stands at 14.15, indicating that investors are willing to pay approximately 14 times the company's earnings for each share of stock. Moreover, UPS offers a dividend yield of 4.64%, which can be an attractive feature for income-focused investors.

UPS (United Parcel Service) Stock - Key Data

UPS (United Parcel Service) 

United Parcel Service (UPS) is a prominent American multinational shipping, receiving, and supply chain management company, with its origins dating back to 1907. Originally focused on telegraphs as the American Messenger Company, UPS has evolved into a Fortune 500 corporation and one of the world's leading shipping couriers.

Known for its comprehensive ground shipping services and the UPS Store retail chain, which supports shipments and aids small businesses, UPS also offers air shipping options, including overnight and two-day delivery, along with services like UPS Mail Innovations and UPS SurePost for last-mile deliveries in collaboration with the United States Postal Service.