The Kroger Co. (NYSE:KR) [Trend Analysis] has kept up with the changing appetite, stock build up around 3.73% in early session as it gain volume of 8.41 Million shares as compare to its average volume of 8885.60 shares and then traded at $35.84. The Kroger Co. (KR) reported that firm is recalling Kroger Broccoli Raisin Salad because a supplier indicated sunflower kernels included in the package may be contaminated with Listeria monocytogenes. The company noted that no customer illnesses have been reported to date.
Kroger has removed the item from store shelves and initiated its customer recall notification system. On the other hand, The Kroger Co. (KR) said that it is recalling Simple Truth Organic Mixed Vegetables for the reason that a supplier indicated the product may be contaminated with Listeria monocytogenes, an organism which could result in severe illness to those individuals who may consume this product. No customer illnesses have been reported to date.
Moving toward the volatility measures, the price volatility of stock was 2.36% for a week and 2.21% for a month as well as price volatility’s Average True Range for 14 days was 0.82. The beta, which indicates risk in relegation to the market, remained 0.78. The firm past twelve months price to sales ratio was 0.32 and price to cash ratio remained 125.87. As far as the returns are concern, the return on equity was recorded as 32.90% and return on investment was 13.40%, while its return on asset stayed at 6.40%.
Noting a main crunch of analyst research by WSJ, KR under observation of quarterly per share earnings, it has second quarter 2016 trend of $0.69, while in next quarter estimated EPS trend is $0.47 and for annual basis for 2016 estimated EPS is $2.24. Relatively pool of WSJ analyst issues diverse rating, as for current level it has 18 experts rated as “BUY” security, 1 analyst recommend as “Overweight,” and 7 experts rated as “Hold”.
The liquidity measure in recent quarter results of company was recorded 0.80 as current ratio, on the other side the debt to equity ratio was 1.77. The Company has gross margin of 22.20% and profit margin was positive 1.80% in trailing twelve months.
The Kroger Co. (NYSE:KR) is ahead its 52 week low with 31.93%and going down from its 52 week high price with -15.92%. The company’s shares performance for the last one month was -5.66% and 1.16% in the previous week. The stock price of firm is moving down from its 20 days moving average with -0.99% and remote isolated negatively from 50 days moving average with -4.32%.