Large Inflow of Money Witnessed in Kroger Company (The)

Kroger Company (The) (KR) : The money flow analysis of Kroger Company (The) (KR) indicates a $33.79 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $40.81 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.21 and so was the total money flow at $7.02 million. A solid up-down ratio of 2.25 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $14.31 million worth of block trades on upticks. Only $6.35 million worth of the stock exchanged hands on downticks. The money flow was $7.95 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Kroger Company (The) (KR), pushing it down by -0.69% for the day. The stock slid $0.26 and traded at $37.32 during the day. Nonetheless, the stock is 2.11% over the previous weeks close.


Kroger Company (The) (KR) has been rated by 15 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $51 and the lowest price target forecast is $27. The average forecast of all the analysts is $41.53 and the expected standard deviation is $6.3. The stock has recorded a 20-day Moving Average of 3.85% and the 50-Day Moving Average is 4.89%.

Kroger Company (The) (NYSE:KR): The stock opened at $37.51 on Thursday but the bulls could not build on the opening and the stock topped out at $37.72 for the day. The stock traded down to $37.19 during the day, due to lack of any buying support eventually closed down at $37.32 with a loss of -0.69% for the day. The stock had closed at $37.58 on the previous day. The total traded volume was 8,280,638 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.

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