Rite Aid Corporation (RAD): Today's Featured Retail Laggard
(
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Rite Aid Corporation fell $0.03 (-1.1%) to $2.78 on light volume. Throughout the day, 14,946,417 shares of Rite Aid Corporation exchanged hands as compared to its average daily volume of 26,651,900 shares. The stock ranged in price between $2.74-$2.83 after having opened the day at $2.82 as compared to the previous trading day's close of $2.81. Other companies within the Retail industry that declined today were:
(
), down 10.9%,
(
), down 7.5%,
(
), down 5.2% and
(
), down 3.7%.
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation has a market cap of $2.5 billion and is part of the services sector. Shares are up 106.6% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Rite Aid Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Rite Aid Corporation
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 and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins.
- You can view the full Rite Aid Corporation Ratings Report.
On the positive front,
(
), up 9.0%,
(
), up 8.9%,
Natural Grocers by Vitamin Cottage
(
), up 5.4% and
(
), up 5.1% , were all gainers within the retail industry with
(
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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