AutoZone Inc. (AZO) Dips 3.09% for April 03

Equities Staff  |

Among the S&P 500’s biggest fallers on Monday April 03 was AutoZone Inc. (AZO). The stock experienced a 3.09% decline to $700.69 with 796,584 shares changing hands.

AutoZone Inc. started at an opening price of 720.50 and hit a high of $721.47 and a low of $695.16. Ultimately, the stock took a hit and finished the day at $22.36 per share. AutoZone Inc. trades an average of 340,402 shares a day out of a total 28.41 million shares outstanding. The current moving averages are a 50-day SMA of $729.29 and a 200-day SMA of $762.98. AutoZone Inc. hit a high of $819.54 and a low of $705.30 over the last year.

AutoZone Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company's store carry an extensive product line for cars, sport utility vehicles, vans and light trucks.

With its headquarters located in Memphis, TN, AutoZone Inc. employs 84,000 people. After today’s trading, the company’s market cap has fallen to $19.9 billionAs for its value, has a P/E ratio of <14.5, a P/S of 1.91, a P/B of -10.89, and a P/FCF of 18.8.

To dig deeper into the fundamentals of AutoZone Inc. and perform your own analysis, visit our Stock Valuation Analysis tool for AZO.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on AutoZone Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AZO’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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