Food and Staples Retailing Stocks Technical Report -- Rite Aid, Walgreen, CVS Caremark, Sysco, and Roundy's
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LONDON, August 12, 2014 /PRNewswire/ --
On Monday, Aug 11, 2014, the NASDAQ Composite ended at 4,401.33, up 0.70%, the Dow Jones Industrial Average finished the session at 16,569.98, up 0.10% and the S&P 500 closed at 1,936.92, up 0.28%. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Consumer Staples Sector Index ended the day 0.76% higher at 454.64, while the index has declined 2.34% in the previous one month. Investor-Edge has initiated coverage on the following equities: Rite Aid Corp. (NYSE: RAD), Walgreen Co. (NYSE: WAG), CVS Caremark Corp. (NYSE: CVS), Sysco Corp. (NYSE: SYY), and Roundy's Inc. (NYSE: RNDY). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Rite Aid Corp.'s stock advanced 1.64% on Monday, ending the session at $6.18. A total of 18.03 million shares were traded, below its three months average volume of 29.81 million shares. The stock moved between $6.10 and $6.25 during the session. Shares in Rite Aid Corp. have gained 3.34% in the previous three trading sessions and 22.13% from the beginning of 2014. However, the company's shares have lost 15.34% in the last one month. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $7.19 is above its 200-day moving average of $6.45. Moreover, Rite Aid Corp.'s stock traded at a PE ratio of 29.73 and has a Relative Strength Index (RSI) of 29.80. Sign up and read the free notes on RAD at:
http://www.Investor-Edge.com/RAD-12Aug2014
Shares in Walgreen Co. fluctuated between $61.34 and $62.17 before ending Monday's session 2.13% higher at $61.99. The stock reported a trading volume of 10.25 million shares, which was above its three months average volume of 7.99 million shares. Shares of the company traded at a PE ratio of 19.55. Walgreen Co.'s stock has advanced 4.70% in the previous three trading sessions and 7.92% on YTD basis, although, the stock has declined 13.49% in the last one month. Shares in Walgreen Co. are trading below their 50-day and 200-day moving averages of $72.01 and $65.13, respectively. Further, the company's shares have an RSI of 29.51. The complimentary notes on WAG can be downloaded as in PDF format at:
http://www.Investor-Edge.com/WAG-12Aug2014
On Monday, shares in CVS Caremark Corp. edged 0.71% higher, closing the day at $78.36. The stock recorded a trading volume of 3.25 million shares, which was below its three months average volume of 3.80 million shares. The stock oscillated between $77.95 and $78.69 during the session. Shares in CVS Caremark Corp. have gained 1.73% in the previous three trading sessions and 1.90% in the last one month. Moreover, the stock has advanced 9.49% since the start of this year. CVS Caremark Corp.'s shares are trading above their 50-day and 200-day moving averages of $77.10 and $72.02, respectively. Additionally, the stock traded at a PE ratio of 19.35 and has an RSI of 54.09. Register for free on Investor-Edge and access the latest research on CVS at:
http://www.Investor-Edge.com/CVS-12Aug2014
Sysco Corp.'s stock recorded a trading volume of 4.97 million shares, much above its three months average volume of 2.43 million shares. On Monday, the stock finished the day at $37.44, which was 3.23% higher its previous day's closing of $36.27, and registered an intraday range of $36.03 and $37.64. The stock traded at a PE ratio of 19.75. Shares in Sysco Corp. have advanced 4.09% in the previous three trading sessions and 1.27% in the last one month. Additionally, the company's shares are up 3.71% on YTD basis. Shares in Sysco Corp. are trading above their 50-day and 200-day moving averages of $36.99 and $35.91, respectively. Furthermore, the stock has an RSI of 45.89. The complete research on SYY is available for free at:
http://www.Investor-Edge.com/SYY-12Aug2014
Shares in Roundy's Inc. fell by 4.66% on Monday, closing the session at $3.68. A total of 1.44 million shares were traded, which was above its three months average volume of 0.69 million shares. The stock moved between $3.66 and $3.97 during the session. Shares of the company traded at a PE ratio of 18.61. The stock has declined 25.66% in the previous three trading sessions and 25.51% in the last one month. Additionally, the company's shares are down 62.68% from the beginning of 2014. The company's stock is trading below its 50-day and 200-day moving averages of $5.09 and $7.00, respectively. Furthermore, Roundy's Inc.'s stock has an RSI of 26.60. Free in depth research on RNDY is available at:
http://www.Investor-Edge.com/RNDY-12Aug2014
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