SUPERVALU Stock Gaps Down On Today's Open (SVU)

NEW YORK ( TheStreet) -- Shares of SUPERVALU (NYSE: SVU) were gapping down Thursday morning with an open price 35.9% lower than Wednesday's closing price. The stock closed at $5.29 Wednesday and opened today's trading at $3.39.

The average volume for SUPERVALU has been seven million shares per day over the past 30 days. SUPERVALU has a market cap of $1.1 billion and is part of the services sector and retail industry. Shares are down 36.6% year to date as of the close of trading on Wednesday.

SUPERVALU INC., together with its subsidiaries, operates retail and wholesale food stores in the United States.

TheStreet Ratings rates SUPERVALU as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full SUPERVALU Ratings Report.

Get more investment ideas from our investment research center.
null

If you liked this article you might like