Kroger Company (The) (KR) : Kroger Company (The) (KR) had a healthy money flow of $9.07 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $62.23 million, whereas, investors only sold shares worth $53.16 million on downticks. The stock closed the day with an up-down ratio of 1.17.The money flow in the block trades to the tune of $11.2 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $33.91 million worth of transactions were on upticks. A paltry $22.71 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 1.49. Kroger Company (The) (KR) stock slid $0.06 intraday and traded at 29.84, a change of -0.2% over previous days close. However, for the week, the company shares are -2% compared to previous weeks close.
The Kroger Co. has lost 3.24% in the last five trading days and dropped 7.7% in the last 4 weeks. The Kroger Co. has dropped 17.83% during the last 3-month period . Year-to-Date the stock performance stands at -27.98%.
Kroger Company (The) (KR) : 9 brokerage houses believe that Kroger Company (The) (KR) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Kroger Company (The) (KR). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 18 Wall Street Analysts endorse the stock as a Buy with a rating of 2.14.
Kroger Company (The) (NYSE:KR): stock was range-bound between the intraday low of $29.68 and the intraday high of $30.12 after having opened at $29.97 on Wednesdays session. The stock finally closed in the red at $29.97, a loss of -0.20%. The stock remained in the red for the whole trading day. The total traded volume was 10,820,068 shares. The stock failed to cross $30.12 in Wednesdays trading. The stocks closing price on Thursday was $29.9.
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.