Costco Wholesale Corporation (COST) Shares Slide -0.15%

Costco Wholesale Corporation (COST) has risen sharply, recording gains of 7.12% in the past 4 weeks. However, the stock has corrected -0.15% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.64% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.56% and the 50-Day Moving Average is 6.53%. Costco Wholesale Corporation is up 12.89% in the last 3-month period. Year-to-Date the stock performance stands at 4.13%.


Costco Wholesale Corporation (NASDAQ:COST): stock turned positive on Friday. Though the stock opened at $166.64, the bulls momentum made the stock top out at $167.68 level for the day. The stock recorded a low of $166.38 and closed the trading day at $167.22, in the green by 0.52%. The total traded volume for the day was 1,359,664. The stock had closed at $166.35 in the previous days trading.

Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico, Canada, United Kingdom (U.K.), Mexico, Japan, Australia, Spain, and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144,000 square feet. The Companys warehouses generally operate on a seven-day, 69-hour week. The Companys product categories include Food, Sundries, Hardlines, Fresh Food, Softlines, Ancillary and Other. The Companys online business provides products, which include services, such as photo processing, pharmacy, travel, business delivery, and membership services.

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