Kroger Stock Hits New 52-Week High (KR)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Tuesday as it is currently trading at $37.14, above its previous 52-week high of $36.29 with 3.3 million shares traded as of 11:10 a.m. ET. Average volume has been 3.9 million shares over the past 30 days.
Kroger has a market cap of $18.69 billion and is part of the services sector and retail industry. Shares are up 39.1% year to date as of the close of trading on Monday.
The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
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TheStreet Ratings rates
Kroger
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full
.
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