Kroger's most recent trend suggests a bearish bias. One trading opportunity on Kroger is a Bear Call Spread using a strike $29.00 short call and a strike $34.00 long call offers a potential 6.16% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $29.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $34.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Kroger is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Kroger is bullish.
The RSI indicator is at 61.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kroger
After five years, Kroger moves forward with plans for new Dayton-area store
Tue, 07 Jan 2020 10:05:00 +0000
The Kroger Co. is finally making headway on a project south of Dayton that has been in the planning stages since 2014.
Kroger breaks ground on Marketplace store in Greater Cincinnati
Mon, 06 Jan 2020 19:46:59 +0000
Kroger Co. has broken ground on another huge Marketplace store in Greater Cincinnati. Downtown-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, has broken ground on a 124,000-square-foot store on Route 4 at Kyles Station Road in Liberty Township, according to Oberer Realty Services Ltd. Kroger’s new store will anchor the Kyles Station 56-acre development that Oberer is developing.
Kroger Co. (The) — Moody's rates Kroger's new notes Baa1
Mon, 06 Jan 2020 17:47:08 +0000
Moody's Investors Service, (“Moody's”) today assigned a Baa1 rating to The Kroger Co.'s (“Kroger”) new senior unsecured notes. Kroger's Baa1 senior unsecured rating is supported by its large scale, leading market position vis-à-vis other traditional food retailers and diversified store format. Continued pricing pressure, lower margins on prescriptions filled at it pharmacies due to reimbursement pressure, wage pressure and investments in digital assets have weakened Kroger's credit metrics, with debt/EBITDA at 4.1x at the end of the quarter ending November 9, 2019.
Why Is Kroger (KR) Up 7.1% Since Last Earnings Report?
Sat, 04 Jan 2020 16:30:04 +0000
Kroger (KR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
How Much is The Kroger Co.'s (NYSE:KR) CEO Getting Paid?
Thu, 02 Jan 2020 17:16:55 +0000
William McMullen became the CEO of The Kroger Co. (NYSE:KR) in 2014. First, this article will compare CEO compensation…
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