Dollar General Corporation (DG) has risen sharply, recording gains of 1.84% in the past 4 weeks. However, the stock has corrected -2.77% in the past 1 week, providing a good buying opportunity on dips. Dollar General Corporation (DG) : During the past 4 weeks, traders have been relatively bearish on Dollar General Corporation (DG), hence the stock is down -2.42% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.2% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.14% and the 50-Day Moving Average is 3.25%.
Dollar General Corporation (NYSE:DG): The stock opened at $92.90 on Friday but the bulls could not build on the opening and the stock topped out at $92.90 for the day. The stock traded down to $91.65 during the day, due to lack of any buying support eventually closed down at $91.71 with a loss of -0.99% for the day. The stock had closed at $92.63 on the previous day. The total traded volume was 1,909,740 shares.
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 -15.91% . 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%. In a related news, The officer (SVP & Chief Accounting Officer), of Dollar General Corp, Elliott Anita C had unloaded 2,947 shares at $91.11 per share in a transaction on June 3, 2016. The total value of transaction was $268,501. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.