Tractor Supply Company (TSCO) : During the past 4 weeks, traders have been relatively bearish on Tractor Supply Company (TSCO), hence the stock is down -6.98% 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 -0.77% relative to the S&P 500. The 4-week change in the price of the stock is -6.02% and the stock has fallen -0.71% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.43% and the 50-Day Moving Average is 5.6%. Tractor Supply Company (NASDAQ:TSCO): stock turned positive on Friday. Though the stock opened at $85.78, the bulls momentum made the stock top out at $86.82 level for the day. The stock recorded a low of $85.66 and closed the trading day at $86.45, in the green by 0.26%. The total traded volume for the day was 1,144,706. The stock had closed at $86.23 in the previous days trading.
The company Insiders own 1% of Tractor Supply Company shares according to the proxy statements. Institutional Investors own 91.87% of Tractor Supply Company shares. Also, JP Morgan maintains its rating on Tractor Supply Company (NASDAQ:TSCO). The global brokerage major lowers the current price target from $105 per share to $103 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The rating by the firm was issued on June 30, 2016.
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. As of December 27, 2014, it operated 1,382 retail stores in 49 states under the names Tractor Supply Company, Dels Feed & Farm Supply and HomeTown Pet. It also operates a Website under the name TractorSupply.com. It offers a portfolio of products, which include equine, livestock, pet and small animal products; hardware, truck, towing and tool products; seasonal products, including lawn and garden items, power equipment, gifts and toys; work/recreational clothing and footwear, and maintenance products for agricultural and rural use. Its products are offered under various brands, which include 4health, Blue Mountain, Countyline, Equistages, Groundwork, Huskee, JobSmart, Dumor, C.E. Schmidt, Paws & Claws, Producers Pride and Redstone, among others.