SuperValu (SVU) has risen sharply, recording gains of 9.84% in the past 4 weeks. However, the stock has corrected -0.92% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.07% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 5.26% and the fifty day Moving Average is 7.62%. SUPERVALU Inc. is up 14.29% in the last three month period. Year-to-Date the stock performance stands at -20.94%.
SuperValu (SVU) : 4 Wall Street analysts covering SuperValu (SVU) believe that the average level the stock could reach for the short term is $6.88. The maximum price target given is $10 and the minimum target for short term is around $5, hence the standard deviation is calculated at $2.17.
SuperValu (NYSE:SVU): On Fridays trading session , Opening price of the stock was $5.39 with an intraday high of $5.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.29. However, the stock managed to close at $5.36, a loss of 0.37% for the day. On the previous day, the stock had closed at $5.38. The total traded volume of the day was 1,988,163 shares.
SUPERVALU INC. (SUPERVALU) is a wholesale distributor to independent retail customers across the United States. The Company leverages its distribution operations by providing wholesale distribution and logistics service solutions to independent retail customers and Save-A-Lot licensees, as well as wholesale distribution to its Retail Food and Save-A-Lot stores. It operates in three segments: Independent Business, which is engaged in wholesale distribution and logistics service solutions to independently owned retail stores and other customers (collectively referred to as independent retail customers); Save-A-Lot, which is engaged in the sale of groceries at retail locations operated by the Company and from stores licensed by the Company, to which it provides wholesale distribution, and Retail Food, which is engaged in the sale of groceries and other products at retail locations operated by the Company.