Weis Markets, Inc [NYSE: WMK] jumped around 0.28 points on Friday, while shares priced at $73.59 at the close of the session, up 0.38%.
Compared to the average trading volume of 145.72K shares, WMK reached a trading volume of 111250 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Weis Markets, Inc [WMK]?
The Average True Range (ATR) for Weis Markets, Inc is set at 2.39, with the Price to Sales ratio for WMK stock in the period of the last 12 months amounting to 0.41. The Price to Book ratio for the last quarter was 1.36, with the Price to Cash per share for the same quarter was set at 13.67.
How has WMK stock performed recently?
Weis Markets, Inc [WMK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.26. With this latest performance, WMK shares dropped by -12.41% in over the last four-week period, additionally plugging by 5.37% over the last 6 months – not to mention a rise of 10.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WMK stock in for the last two-week period is set at 33.52, with the RSI for the last a single of trading hit 26.90, and the three-weeks RSI is set at 38.64 for Weis Markets, Inc [WMK]. The present Moving Average for the last 50 days of trading for this stock 79.83, while it was recorded at 74.40 for the last single week of trading, and 71.72 for the last 200 days.
Weis Markets, Inc [WMK]: Deeper insight into the fundamentals
Weis Markets, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.51 and a Current Ratio set at 2.47.
Insider trade positions for Weis Markets, Inc [WMK]
There are presently around $41.74%, or 68.86%% of WMK stock, in the hands of institutional investors. The top three institutional holders of WMK stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 2.14 million shares, which is approximately 7.9677%. VANGUARD GROUP INC, holding 1.81 million shares of the stock with an approximate value of $$113.64 million in WMK stocks shares; and VANGUARD GROUP INC, currently with $$81.35 million in WMK stock with ownership which is approximately 4.8183%.
