Kroger’s most recent trend suggests a bearish bias. One trading opportunity on Kroger is a Bear Call Spread using a strike $28.00 short call and a strike $33.00 long call offers a potential 7.53% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $28.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $33.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Kroger is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Kroger is bearish.
The RSI indicator is at 41.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kroger
Wells Fargo Commercial Mortgage Trust 2016-C35 — Moody’s Affirms Eight Classes of WFCM 2016-C35
Fri, 13 Jul 2018 02:35:09 +0000
The ratings on the P&I classes were affirmed because the transaction’s key metrics, including Moody’s loan-to-value (LTV) ratio, Moody’s stressed debt service coverage ratio (DSCR) and the transaction’s Herfindahl Index (Herf), are within acceptable ranges. Moody’s rating action reflects a base expected loss of 4.9% of the current pooled balance, the same as at Moody’s last review. Moody’s base expected loss plus realized losses is now 4.8% of the original pooled balance, the same as at Moody’s last review.
Amazon pays Prime members to shop at Whole Foods
Thu, 12 Jul 2018 18:44:29 +0000
Amazon.com is priming the pump again in an effort to lure more customers to its Whole Foods Market stores, which serve as a rival to Cincinnati-based Kroger Co.
Kroger Hosts Third Natural Foods Innovation Summit
Thu, 12 Jul 2018 16:01:00 +0000
CINCINNATI, July 12, 2018 /PRNewswire/ — The Kroger Co. (KR) today is hosting its third Natural Foods Innovation Summit in partnership with 84.51°, in Cincinnati, Ohio. Justin Gold, an accomplished, innovative entrepreneur and founder of Justin’s®, a natural and organic nut butters brand, will speak at the Summit. “Kroger’s natural and organic category achieved $16.7 billion in sales last year, including $2 billion in Simple Truth® sales,” said Robert Clark, Kroger’s senior vice president of merchandising.
Free Research Report as Kroger’s Sales Gained 3.4% and Adjusted EPS Surged 26%
Thu, 12 Jul 2018 11:15:00 +0000
LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want access to our free earnings report on The Kroger Co. (NYSE: KR) (“Kroger”), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=KR. The Company reported its first quarter fiscal 2018 operating and financial results on June 21, 2018. Additionally, Kroger, which sold its convenience store unit this year for $2.15 billion and also bought meal-kit seller Home Chef, raised the low-end of its GAAP and adjusted earnings guidance for FY18.
What’s next for 4 of Kroger’s 14 shuttering Triangle stores?
Wed, 11 Jul 2018 19:11:16 +0000
The decision by Cincinnati-based Kroger to exit the Triangle market has dumped a glut of open grocery store space onto the real estate market, and it might not be all that easy for landlords to sign on other grocers as replacement tenants.
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