Wal-Mart Stores (WMT) : During the past 4 weeks, traders have been relatively bearish on Wal-Mart Stores (WMT), hence the stock is down -1.38% 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 -1.43% relative to the S&P 500. The 4-week change in the price of the stock is -1.01% and the stock has fallen -1.46% in the past 1 week.
Wal-Mart Stores Inc. is up 4.94% in the last 3-month period. Year-to-Date the stock performance stands at 21.36%. The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 0.5%.
Wal-Mart Stores (NYSE:WMT): The stock opened at $74.10 on Friday but the bulls could not build on the opening and the stock topped out at $74.29 for the day. The stock traded down to $72.67 during the day, due to lack of any buying support eventually closed down at $72.81 with a loss of -2.01% for the day. The stock had closed at $74.30 on the previous day. The total traded volume was 15,346,426 shares.
Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Wal-Mart Stores (NYSE:WMT). Jefferies has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $86 per share from a prior target of $85. The rating by the firm was issued on August 19, 2016.
Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Companys operations are conducted in three segments: Walmart U.S., Walmart International and Sams Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sams Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.