Kroger Company (The) (KR) Rises 1.49% for January 13

Equities Staff  |

Among the biggest risers on the S&P 500 on Wednesday January 13 was Kroger Company (The) ($KR), popping some 1.49% to a price of $31.99 a share with some 8.66 million shares trading hands.

Starting the day trading at $31.58, Kroger Company (The) reached an intraday high of $32.12 and hit intraday lows of $31.44. Shares gained $0.47 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 761.35 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $26.72 to $37.23.

Kroger is the leading American grocer, with 2,757 supermarkets operating under several banners throughout the country as of the end of fiscal 2019. Around 82% of stores have pharmacies, while over half also sell fuel. The company also operated more than 300 fine jewelry stores at the end of fiscal 2019. Kroger features a leading private-label offering and manufactures around a third of its own-brand units (and 42% of its grocery own-label assortment) itself, in 35 food production plants nationwide. Kroger is a top-two grocer in 90% of its major markets (as of late 2019, according to Planet Retail and Edge Retail Insight data cited by the company). Virtually all of Kroger's sales come from the United States.

Kroger Company (The) has its corporate headquarters located in Cincinnati, OH and employs 435,000 people. Its market cap has now risen to $24.36 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 2.42, and P/FCF n/a.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Kroger Company (The), check out Stock Valuation Analysis tool for KR.

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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

To get more information on Kroger Company (The) and to follow the company’s latest updates, you can visit the company’s profile page here: KR’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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