Large Inflow of Money Detected in Kroger Company (The)

Kroger Company (The) (KR) : Investors lapped up stocks on upticks to the tune of $8.53 million in the Mondays trading session. The trading value on downticks was comparatively at $2.94 million and the uptick to downtick ratio of 2.9 indicates continuous buying by the bulls. The net money flow into the stock was $5.59 million. The block trades were dominated by the bulls with a healthy 8.19, uptick to downtick ratio. Only $0.78 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $6.4 clearly indicating buying by large investors. The total money flow for block trades stood at $5.62 million, which is a positive for the stock in the long-term. Kroger Company (The) (KR) fell $0.09 during the day at $32.49, a drop of -0.28% over the previous days close. However, for the week, the stock is -0.4%, compared to the previous week.


Shares of The Kroger Co. appreciated by 1.68% during the last five trading days but lost 10.51% on a 4-week basis. The Kroger Co. has dropped 5.49% during the last 3-month period . Year-to-Date the stock performance stands at -21%.

Kroger Company (The) (NYSE:KR): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.63 and $32.46 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.73, notching a gain of 0.46% for the day. The total traded volume was 9,027,511 . The stock had closed at $32.58 on the previous day.

In a related news, Van Oflen Mary Elizabeth, officer (Vice President & Controller) of Kroger Co, unloaded 12,000 shares at an average price of $37.85 on July 8, 2016. The total amount of the transaction was worth $454,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The Kroger Co. (Kroger) operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets. The Company operated, either directly or through its subsidiaries, approximately 2,625 supermarkets and multi-department stores, approximately 1,330 of which had fuel centers. Approximately 48% of these supermarkets were operated in Company-owned facilities, including some Company-owned buildings on leased land. The Company operates its 2,640 supermarket and multi-department stores under banners, including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Frys, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smiths. Of these stores, 1,330 have fuel centers. The Company also operates 782 convenience stores, either directly or through franchisees, 326 fine jewelry stores and an online retailer.

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