Staples (SPLS) Shares are Up 0.83%

Staples (SPLS) has been under a strong bear grip, hence the stock is down -8.42% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.5% in the past 1 week. The stock has risen by 0.83% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.61% in the past 4 weeks.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 5.07% and the fifty day Moving Average is 4.51%. Staples, Inc. has dropped 1.19% during the last three month period . Year-to-Date the stock performance stands at -7.98%.

Staples (SPLS) : The most positive equity analysts on Staples (SPLS) expects the shares to touch $11, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $9.25 with an expected fluctuation of $1.08 from the mean.


Staples (NASDAQ:SPLS): On Fridays trading session , Opening price of the stock was $8.6 with an intraday high of $8.645. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.45. However, the stock managed to close at $8.49, a loss of 0.82% for the day. On the previous day, the stock had closed at $8.56. The total traded volume of the day was 4,425,160 shares.

Staples, Inc. is a provider of products and services that serve the needs of business customers and consumers. The Company offers a selection of products, such as Websites and mobile platforms, retail and online shopping and a range of copy and print and technology services. It operates in three business segments: North American Stores & Online, North American Commercial and International Operations. The North American Stores & Online segment includes its retail stores and businesses in the United States and Canada. The North American Commercial segment consists of the United States and Canadian businesses that sell and deliver products and services directly to businesses, including Staples Advantage and The International Operations segment consists of businesses in around 23 countries in Europe, Australia, South America and Asia. It serves businesses in North America, Europe, Australia, South America and Asia. Its delivery business offers online order placing.

Comments (0)

Leave a Reply

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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.