Caseys General Stores (CASY) has been under a strong bear grip, hence the stock is down -9.36% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.71% in the past 1 week. The stock has risen by 1.87% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.85% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 6.2%.The 200 Day SMA reached 1.03%
Caseys General Stores (NASDAQ:CASY): After opening at $117.75, the stock dipped to an intraday low of $117.31 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $120.45 and the buying power remained strong till the end. The stock closed at $120.15 for the day, a gain of 4.40% for the day session. The total traded volume was 1,121,406. The stocks close on the previous trading day was $120.15.
Caseys General Stores (CASY) : The highest level Caseys General Stores (CASY) is projected to reach is $152 for the short term and the lowest estimate is at $116. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $137.25 and the possibility the share price can swing is $10.44.
Caseys General Stores, Inc. and its wholly owned subsidiaries operate convenience stores under the name Caseys General Store in 14 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food, including freshly prepared foods, such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. As of April 30, 2015, the Company operated 1,878 stores. The Company operates a central warehouse, Caseys Distribution Center in Ankeny, Iowa, through which it supplies grocery and general merchandise items to its stores. The Companys subsidiary Caseys Retail Company operates stores in Illinois, Kansas, Minnesota, Nebraska, North Dakota and South Dakota. Its subsidiary Caseys Marketing Company owns and has responsibility for the operation of stores in Arkansas, Indiana, Iowa, Kentucky, Missouri, Oklahoma, Tennessee and Wisconsin.