Old Dominion Freight Line Trading Volume Plummets 53.85 Percent to 484th Position Despite Stock Price Rise

On April 14, 2025, Old Dominion Freight Line (ODFL) saw a significant decline in trading volume, with a total of 1.84 billion shares traded, marking a 53.85% decrease from the previous day. This placed ODFL at the 484th position in terms of trading volume for the day. Despite the drop in volume, the stock price of ODFL rose by 1.89%.

Old Dominion Freight Line, Inc. (ODFL) has experienced a challenging period over the past three months, with its share price declining. This downturn is likely influenced by various factors, including market conditions and company-specific developments. Analysts have adjusted their price targets for ODFL, with Stifel's J. Bruce Chan lowering the target from $200 to $188. This revision reflects the current market sentiment and the company's performance.

As of April 2025, Old Dominion Freight Line has a market capitalization of $32.35 billion USD, positioning it as the 590th most valuable company globally. This valuation is a key indicator of the company's financial health and market standing. Additionally, ODFL has an average rating of hold and a mean price target of $179.71, according to analysts polled by FactSet. These ratings provide insights into the market's expectations for the company's future performance.