Ingles Markets Inc. (IMKTA) is Trading Lower on Unusual Volume for January 04

Equities Staff |

Ingles Markets Inc. (IMKTA) experienced unusually high volume on Jan. 04, as the stock lost 13.2% to a closing price of $38.26. The stock saw 280,057 shares trade hands over the course of the day on 2,727 trades. Given that the stock’s average daily volume over the last month has been 156,868 shares a day, this represents a pretty substantial spike over the norm.

Ingles Markets Inc. has a P/B ratio of 1.81. It also has a P/E ratio of 15. The stock has traded between $57.68 and $38.54 over the last 52-weeks, its 50-day SMA is now $50.43, and its 200-day SMA $48.94.

Ingles Markets Inc is a supermarket chain in the Southeast United States. It operates grocery retail stores.

Headquartered in Black Mountain, NC, Ingles Markets Inc. has 25,000 employees and is currently under the leadership of CEO Robert P. Ingle.

For a complete fundamental analysis analysis of Ingles Markets Inc., check out’s Stock Valuation Analysis report for IMKTA. 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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