Weis Markets Inc. (WMK) is Trading Higher on Unusual Volume for December 22

Equities Staff |

Weis Markets Inc. (WMK) experienced unusually high volume on Dec. 22, as the stock gained 8.13% to a closing price of $44.70. The stock saw 84,718 shares trade hands over the course of the day on 920 trades. Given that the stock’s average daily volume over the last month has been 40,087 shares a day, this represents a pretty substantial spike over the norm.

Weis Markets Inc. has a P/B ratio of 1.38. It also has a P/E ratio of 19.4. The stock has traded between $51.91 and $38.56 over the last 52-weeks, its 50-day SMA is now $41.78, and its 200-day SMA $43.00.

Weis Markets Inc is engaged in the retail sale of food in Pennsylvania and surrounding states. The Company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, deli products, and prepared foods.

Headquartered in Sunbury, PA, Weis Markets Inc. has 18,200 employees and is currently under the leadership of CEO Jonathan H. Weis.

For a complete fundamental analysis analysis of Weis Markets Inc., check out Equities.com’s Stock Valuation Analysis report for WMK. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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

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