Kroger Company (The) (KR) has been under a strong bear grip, hence the stock is down -4.22% 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 0.88% in the past 1 week. The stock has risen by 0.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.42% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.14% and the fifty day Moving Average is 5.8%. The Kroger Co. has dropped 8.15% during the last three month period . Year-to-Date the stock performance stands at -21.12%.
Kroger Company (The) (KR) : The highest short term price target forecast on Kroger Company (The) (KR) is $51 and the lowest target price is $27. A total of 13 equity analysts are currently covering the company. The average price of all the analysts is $39.85 with a standard deviation of $6.3.
Kroger Company (The) (NYSE:KR): On Fridays trading session , Opening price of the stock was $32.77 with an intraday high of $32.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $32.46. However, the stock managed to close at $32.68, a loss of 0.24% for the day. On the previous day, the stock had closed at $32.76. The total traded volume of the day was 6,549,126 shares.
The Kroger Co. (Kroger) operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets. The Company operated, either directly or through its subsidiaries, approximately 2,625 supermarkets and multi-department stores, approximately 1,330 of which had fuel centers. Approximately 48% of these supermarkets were operated in Company-owned facilities, including some Company-owned buildings on leased land. The Company operates its 2,640 supermarket and multi-department stores under banners, including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Frys, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smiths. Of these stores, 1,330 have fuel centers. The Company also operates 782 convenience stores, either directly or through franchisees, 326 fine jewelry stores and an online retailer.