Shares of Kroger Company (The) (KR) Sees Large Inflow of Net Money Flow

Kroger Company (The) (KR) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $53.21 million worth of transactions were on upticks, whereas, the downticks accounted for $47.39 million worth of transactions. The net money flow was a positive $5.82 million and the uptick to downtick ratio was 1.12. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 2.1 in their favor. The net money flow into the stock was $10.91 million. The value of block trades done on downticks was only $9.93 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $20.84 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Kroger Company (The) (KR) was trading at $36.34, down $0.37 during day. The stock slid -1.01% over the previous days close. For the week, the stock recorded -4.01% over the previous weeks close.


The Kroger Co. has dropped 0.63% during the last 3-month period . Year-to-Date the stock performance stands at -12.62%. The Kroger Co. has dropped 3.2% in the last five trading days, however, the shares have posted positive gains of 2.45% in the last 4 weeks. In a related news, Van Oflen Mary Elizabeth, officer (Vice President & Controller) of Kroger Co, unloaded 12,000 shares at an average price of $37.85 on July 8, 2016. The total amount of the transaction was worth $454,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Kroger Company (The) (NYSE:KR): On Mondays trading session , Opening price of the stock was $36.69 with an intraday high of $36.85. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.3. However, the stock managed to close at $36.34, a loss of 1.01% for the day. On the previous day, the stock had closed at $36.71. The total traded volume of the day was 8,563,976 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *