Dollar General Corporation (NYSE:DG) has tumbled 1.52% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 10.33% in the last four weeks. The stocks have underperformed the S&P 500 by 0.34% during the past week but Dollar General Corporation (NYSE:DG) it has outperformed the index in 4 weeks by 9.32%.
Dollar General Corporation (NYSE:DG): The stock opened at $90.86 on Friday but the bulls could not build on the opening and the stock topped out at $90.97 for the day. The stock traded down to $89.28 during the day, due to lack of any buying support eventually closed down at $90.05 with a loss of -0.84% for the day. The stock had closed at $90.81 on the previous day. The total traded volume was 7,068,509 shares.
The company shares have rallied 14.54% from its 1 Year high price. On Jun 3, 2016, the shares registered one year high at $92.00 and the one year low was seen on Nov 16, 2015. The 50-Day Moving Average price is $86.30 and the 200 Day Moving Average price is recorded at $78.68.
On the companys insider trading activities, Elliott Anita C, officer (SVP & Chief Accounting Officer) of Dollar General Corp, unloaded 2,947 shares at an average price of $91.11 on June 3, 2016. The total amount of the transaction was worth $268,501, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Citigroup maintains its view on Dollar General Corporation (NYSE:DG) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Citigroup raises the price target from $98 per share to $107 per share on Dollar General Corporation. The rating by the firm was issued on June 6, 2016. Currently the company Insiders own 0.22% of Dollar General Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.53% . Institutional Investors own 88.62% of Dollar General Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -38.62%.
Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11,879 stores located in over 43 states.