Kroger Co. (NYSE:KR) price is hovering higher on Tuesday, April 16, jumping 0.48% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $55.36. The company’s P/E ratio in the trailing 12-month period read 18.79. Taking into account the 52-week price action we note that the stock hit a 52-week high of $58.34 and 52-week low of $42.10. The stock subtracted -0.78% on its value in the past month.
Kroger Co., which has a market valuation of $40.14 billion. The company stock has a Forward Dividend ratio of 1.13, while the dividend yield is 2.03%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give KR a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.35. The overview shows that KR’s price is at present -1.62% off the SMA20 and 6.62% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 53.07, with weekly volatility standing at 1.79%. The indicator jumps to 1.50% when calculated based on the past 30 days. Kroger Co. (NYSE:KR)’s beta value is holding at 0.49, while the average true range (ATR) indicator is currently reading 1.00.
An analysis of the Kroger Co. (NYSE:KR) stock in terms of its daily trading volume indicates that the 3-month average is 5.15 million.
Current records show that the company has 720.00M in outstanding shares. The insiders’ percentage holdings are 0.81% of outstanding shares while the percentage share held by institutions stands at 82.74%. But the 21.69% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
