Shares of Kroger Company (The) (NYSE:KR) traded at a new 52-week high today of $42.99. So far today approximately 16.1 million shares have been exchanged, as compared to an average 30-day volume of 11.6 million shares.
Kroger Company (The) share prices have moved between a 52-week high of $42.99 and a 52-week low of $26.72 and are now trading 46% above that low price at $38.98 per share.
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) (NYSE:KR) defies analysts with a current price ($38.98) 51.9% above its average consensus price target of $18.77.
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