About 1.03M shares traded. It has outperformed by 1.51% the S&P500.
The stock of Rite Aid Corporation (NYSE:RAD) is a huge mover today! More interesting news about Rite Aid Corporation (NYSE:RAD) were released by: Fool.com and their article: "Here's Why Rite Aid Corporation Stock Tanked 19.6% in May" published on June 05, 2017 as well as Investorplace.com's news article titled: "Why Rite Aid Corporation (RAD) Stock Can Hold Its Own" with publication date: May 15, 2017. DekaBank Deutsche Girozentrale now owns 74,920 shares of the company's stock valued at $341,000 after buying an additional 42,464 shares during the last quarter. Sabby Management Llc acquired 119,619 shares as Amgen Inc (AMGN)'s stock declined 9.68%. A total of 13.99 Million shares exchanged at hands and its Average Volume (3 months) is 19.72 Million. About shares traded. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since June 5, 2016 and is downtrending. It has underperformed by 11.43% the S&P500.
Some buy side analysts are also providing their Analysis on Rite Aid Corporation, where 0 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 3 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.
Rite Aid Corporation (NYSE:RAD) shares were trading higher by 4.25 percent ($0.15) at $3.68 a piece in Friday's session.
Rite Aid Corporation (NYSE:RAD) provided an update to investors about its pending merger with Walgreens Boots Alliance Inc.
Rite Aid Corporation (RAD) has a market capitalization of 3.88 Billion which suggests the company is a huge company further suggesting that the shares of Rite Aid Corporation (RAD) are stable and safe compared to the lower market capitalization companies. The firm has "Buy" rating given on Friday, August 14 by Vetr. The firm has "Hold" rating given on Tuesday, April 5 by Topeka Capital Markets. The company was downgraded on Thursday, August 6 by Vetr. Sumitomo Mitsui Holdings Inc reported 0.04% of its portfolio in Rite Aid Corporation (NYSE:RAD). At recent closing price of $61.7, ICE has a chance to add $3.98 or 6.45% in 52 weeks, based on mean target price ($65.68) placed by analysts.The analyst consensus opinion of 1.9 looks like a buy.
Investors sentiment decreased to 0.92 in Q4 2016. The company has Beta Value of 1.84 and ATR value of 0.2.
Analysts' mean recommendation for Rite Aid Corporation (RAD) stands at 2.60. Vanguard Group Inc. raised its position in shares of Rite Aid by 4.2% in the first quarter. However the company reported $0.01 earnings per share for the same quarter during a year ago. Blackrock Advsr Limited Liability accumulated 2.00M shares. Viking Fund Mngmt Llc accumulated 39,000 shares. Earnest Partners Ltd Liability Corp, Georgia-based fund reported 487 shares. 1,000 are held by Focused Wealth Mgmt Incorporated. About 4.29 million shares traded. 69,469 are owned by Principal Financial Gru Incorporated. Valicenti Advisory Svcs Inc stated it has 40,437 shares. Franklin Resources Inc. increased its stake in Rite Aid by 2.6% in the fourth quarter. Litespeed Mngmt Limited Com has invested 18.02% of its portfolio in Rite Aid Corporation (NYSE:RAD). Fjarde Ap owns 297,835 shares or 0.06% of their United States portfolio. Glazer Limited Company has invested 0.08% in Rite Aid Corporation (NYSE:RAD). Therefore 82% are positive. TrueCar had 25 analyst reports since July 24, 2015 according to SRatingsIntel.
10/29/2015 - Rite Aid Corporation was downgraded to "neutral" by analysts at Goldman Sachs. The company was initiated on Thursday, December 15 by JP Morgan. As per Wednesday, January 6, the company rating was downgraded by Evercore. The firm has "Overweight" rating by Piper Jaffray given on Monday, January 9. As per Monday, February 6, the company rating was upgraded by RBC Capital Markets. The firm earned "Neutral" rating on Friday, October 14 by Roth Capital. The company has market cap of $6.88 billion. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -6.8%. Its up 0.11, from 0.84 in 2016Q3. It dived, as 9 investors sold NBT Bancorp Inc. shares while 39 reduced holdings. Angelo Gordon Co LP owns 4.36 million shares for 2.64% of their portfolio. Clearbridge Ltd Liability Com has invested 0% in NBT Bancorp Inc. (NASDAQ:NBTB). Moreover, Invesco Ltd has 0% invested in NBT Bancorp Inc. It improved, as 68 investors sold PEP shares while 674 reduced holdings. Dynamic Cap Mngmt Ltd owns 398,916 shares or 0.35% of their USA portfolio. Amalgamated National Bank, New York-based fund reported 183,362 shares. Ubs Asset Management Americas invested in 2.41 million shares or 0.02% of the stock. Da Davidson reported 26,820 shares or 0% of all its holdings.