Kroger Stock Hits New 52-Week High (KR) – TheStreet.com (blog)
NEW YORK (TheStreet) — Kroger Company (NYSE:KR) hit a new 52-week high Thursday as it is currently trading at $24.94, above its previous 52-week high of $24.93 with 2.6 million shares traded as of 1:17 p.m. ET. Average volume has been 7.6 million shares over the past 30 days. Kroger has a market cap of $15.3 billion and is part of the services sector and retail industry. Shares are up 9.9% year to date as of the close of trading on Wednesday. The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates supermarkets in various formats. The company has a P/E ratio of 14.1, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
Practice your KR trading strategies and win cash in our stock game.
TheStreet Ratings rates Kroger as a buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Kroger Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.
For more information on Kroger Company click any of the following: