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KR Stock Update: Kroger Co.’s Banking’s Market Struggles and Potential Opportunities

Kroger Co. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $56.44 on 03/19/24, while the lowest value for the same period was recorded at $42.10 on 11/17/23.

52-week price history of KR Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Kroger Co.’s current trading price is 0.06% away from its 52-week high, while its distance from the 52-week low is 34.17%. The stock’s price range during the 52-week period has remained between $42.10 and $56.44. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 5.34 million for the day, which was evidently higher than the average daily volume of 4.91 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Kroger Co. (KR) has experienced a quarterly rise of 28.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.67B and boasts a workforce of 430000 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 46.54, with a change in price of +12.87. Similarly, Kroger Co. recorded 5,046,617 in trading volume during the last 100 days, posting a change of +29.51%.

Examining KR’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for KR stands at 1.66. Similarly, the long-term debt-to-equity ratio is also 1.58.

KR Stock Stochastic Average

As of today, Kroger Co.’s raw stochastic average for the last 50 days stands at 96.93%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 96.16%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 96.49% and 96.12%, respectively.

KR Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 23.56%. However, over the past six months, we’ve seen a weaker performance of 21.36%. The price of KR fallen by 18.56% over the last 30 days. And in the last five days, it has surged by 2.12%.