Time for Investors to Take the Plunge on The Kroger Co. (NYSE:KR)

Equity Research firms currently have a positive stance on shares of The Kroger Co. (NYSE:KR). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.20. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $36.36 on a short term basis.

At the time of writing, the stock was trading at $29.01. This represents a change from the opening price of -0.80%. In terms of performance, year to date, the stock is -29.33%. The monthly stock performance comes in at -8.39%. For the quarter, shares are performing at -21.27%. Weekly performance analysis shows the equity at -2.66%.

In taking a look at technical levels, shares are trading -9.43% away from the 50 day simple moving average and -19.37% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -31.48% away from it’s 52- week high and -0.80% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, The Kroger Co.’s RSI stands at 26.67. In looking at volatility levels, the shares saw weekly volatility of 1.39% and 1.87% over the past month.

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