Smart (SFS) : During the past 4 weeks, traders have been relatively bearish on Smart (SFS), hence the stock is down -10.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -11.32% relative to the S&P 500. The 4-week change in the price of the stock is -7.7% and the stock has fallen -11.38% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.84% and the 50-Day Moving Average is 10.88%. Smart & Final Stores, Inc. has dropped 13.38% during the last 3-month period . Year-to-Date the stock performance stands at -24.27%.
Smart (NYSE:SFS): On Fridays trading session , Opening price of the stock was $12.48 with an intraday high of $13.88. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.16. However, the stock managed to close at $13.79, a loss of 8.25% for the day. On the previous day, the stock had closed at $15.03. The total traded volume of the day was 2,186,249 shares.
Also, In a research note released to the investors, Deutsche Bank maintains its rating on Smart (NYSE:SFS).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank lowers the new price target from $20 per share to $17 per share. The rating by the firm was issued on July 29, 2016.
Smart & Final Stores, Inc. is a food retailer serving household and business customers through two store banners: Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce, California and includes, as of December 28, 2014, 103 legacy Smart & Final stores and 98 Extra! format stores, which focus on household and business customers and are located in California, Arizona and Nevada. The Cash & Carry segment is based in Portland, Oregon and includes, as of December 28, 2014, 53 Cash & Carry stores, which focus primarily on business customers and are located in Washington, Oregon, Northern California, Idaho and Nevada.