Kroger Co (NYSE:KR) shares, rose in value on Wednesday, May 07, with the stock price down by -0.81% to the previous day’s close as strong demand from buyers drove the stock to $72.38.
Actively observing the price movement in the last trading, the stock closed the session at $72.97. The PE ratio was 19.68 over 12-month period. Referring to stock’s 52-week performance, its high was $73.63, and the low was $49.04. On the whole, KR has fluctuated by 8.91% over the past month.
With the market capitalization of Kroger Co currently standing at about $47.84 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.25, with its dividend yield at 1.73%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.67, with the price of KR currently trading nearly 2.35% and 6.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.68, while the 7-day volatility ratio is showing 1.62% which for the 30-day chart, stands at 2.46%. Furthermore, Kroger Co (KR)’s beta value is 0.61, and its average true range (ATR) is 1.63.
A comparison of Kroger Co (KR) with its peers suggests the former has fared considerably weaker in the market. KR showed an intraday change of -0.81% in last session, and over the past year, it grew by 32.13%%.
Data on historical trading for Kroger Co (NYSE:KR) indicates that the trading volumes over the past 3 months, they’ve averaged 7.61 million. According to company’s latest data on outstanding shares, there are 660.00 million shares outstanding.
Nearly 0.85% of Kroger Co’s shares belong to company insiders and institutional investors own 89.10% of the company’s shares. The stock has risen by 18.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KR stock heading into the next quarter.
