Advance Auto Parts Inc (AAP) Shares are Down -4.8%

Advance Auto Parts Inc (AAP) : During the past 4 weeks, traders have been relatively bearish on Advance Auto Parts Inc (AAP), hence the stock is down -5.18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.77% relative to the S&P 500. The 4-week change in the price of the stock is -4.81% and the stock has fallen -4.8% in the past 1 week.

Advance Auto Parts Inc. is up 8% in the last 3-month period. Year-to-Date the stock performance stands at 5.08%. The stock has recorded a 20-day Moving Average of 4.99% and the 50-Day Moving Average is 2.42%.


Advance Auto Parts Inc (NYSE:AAP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $156.97 and $156.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $159.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $158.04, notching a gain of 0.39% for the day. The total traded volume was 1,140,458 . The stock had closed at $157.43 on the previous day.

Also, Major Brokerage house, Deutsche Bank maintains its ratings on Advance Auto Parts Inc (NYSE:AAP). In the latest research report, Deutsche Bank lowers the target price from $180 per share to $175 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 17, 2016.

Advance Auto Parts, Inc. is a provider of automotive aftermarket parts. The companys stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through a variety of channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of January 3, 2015, the Companys operations are comprised of 5,261 stores and 111 distribution branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands primarily under the trade names Advance Auto Parts, Carquest, Autopart International and Worldpac.

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