Fred's Inc. (FRED) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Fred's Inc. (FRED) experienced unusually high volume on Dec. 21, as the stock lost 1.99% to a closing price of $15.29. The stock saw 1.38 million shares trade hands over the course of the day on 2,642 trades. Given that the stock’s average daily volume over the last month has been 255,088 shares a day, this represents a pretty substantial spike over the norm.

Fred's Inc. has a P/B ratio of 1.39. The stock has traded between $20.05 and $11.27 over the last 52-weeks, its 50-day SMA is now $14.60, and its 200-day SMA $15.96.

Fred's Inc, and subsidiaries sells general merchandise through its retail discount stores and full service pharmacies.

Headquartered in Memphis, TN, Fred's Inc. has 9,148 employees and is currently under the leadership of CEO Jerry A. Shore.

For a complete fundamental analysis analysis of Fred's Inc., check out’s Stock Valuation Analysis report for FRED. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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