Shares of Kroger Company (The) (NYSE:KR) traded at a new 52-week high today of $49.43. This new high was reached on below average trading volume as 2.8 million shares traded hands, while the average 30-day volume is approximately 8.9 million shares.
Kroger Company (The) (NYSE:KR) has potential upside of 109.0% based on a current price of $49.28 and analysts’ consensus price target of $103.00.
Kroger Company (The) share prices have moved between a 52-week high of $49.43 and a 52-week low of $31.43 and are now trading 57% above that low price at $49.28 per share.
Kroger is the leading American grocer, with 2,742 supermarkets operating under several banners throughout the country as of the end of fiscal 2020. Around 82% of stores have pharmacies, while over half also sell fuel. The company also operated more than 150 fine jewelry stores at the end of fiscal 2020. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and 40% of its grocery own-label assortment) itself, in 35 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger’s sales come from the United States.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer