Dollar General Corporation (DG) has been under a strong bear grip, hence the stock is down -3.26% 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 3.12% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.75% in the last 1 week, and is up 3.28% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Dollar General Corporation (NYSE:DG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $93.99 and $93.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $95.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $95.15, notching a gain of 1.18% for the day. The total traded volume was 1,498,524 . The stock had closed at $94.04 on the previous day.
The stock has recorded a 20-day Moving Average of 2.01% and the 50-Day Moving Average is 5.99%. Dollar General Corporation is up 17.15% in the last 3-month period. Year-to-Date the stock performance stands at 33.15%.
Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11,879 stores located in over 43 states.