Sprouts Farmers Market (SFM) has risen sharply, recording gains of 5.56% in the past 4 weeks. However, the stock has corrected -0.09% in the past 1 week, providing a good buying opportunity on dips. Sprouts Farmers Market (SFM) : During the past 4 weeks, traders have been relatively bearish on Sprouts Farmers Market (SFM), hence the stock is down -1.12% 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 -0.7% relative to the S&P 500.
Sprouts Farmers Market (NASDAQ:SFM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.79 and $22.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.15, notching a gain of 1.62% for the day. The total traded volume was 1,579,858 . The stock had closed at $22.78 on the previous day.
The stock has recorded a 20-day Moving Average of 1% and the 50-Day Moving Average is 2.02%. Sprouts Farmers Market, Inc. has dropped 16.58% during the last 3-month period . Year-to-Date the stock performance stands at -12.94%.
Sprouts Farmers Market, Inc. is a food retailer. The Company operates as a grocery store that offers natural and organic food, including produce, bulk foods, vitamins and supplements, grocery, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. As of February 26, 2015, the Company operated 198 stores in 12 states. The Companys product offerings focus on fresh, natural and organic foods. It categorizes its products as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli and bakery. Non-perishable product categories include grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and natural health and body care.