Stock price performance of Office Depot, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 5.3% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 24.15% . Looking at the past 52 week period, the stock price is down -14.15% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Office Depot, Inc. has a negative value of -36.34 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 5.73% and the 50-Day Moving Average is 8.33%.The 200 Day SMA reached 6.22%
Office Depot, Inc. is having a Relative Strength Index of 42.75 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Office Depot, Inc. (NASDAQ:ODP) rallied by 1.39% during the past week but lost 4.17% on a 4-week basis. The company has outperformed the S&P 500 by 1.27% in the past week but underperformed the index by 5.02% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on May 25, 2016, Nigel Travis (director) purchased 14,267 shares at 3.47 per share price.On Jun 3, 2015, Steven Mark Schmidt (President, International) sold 210,000 shares at 9.28 per share price.
Office Depot Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.15. The company had revenue of $2836.00 million for the quarter, compared to analysts expectations of $3491.85 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.16 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Office Depot Inc was Initiated by Loop Capital to Hold on Dec 13, 2016.
Office Depot, Inc. (NASDAQ:ODP) : On Friday heightened volatility was witnessed in Office Depot, Inc. (NASDAQ:ODP) which led to swings in the share price. The stock opened for trading at $4.37 and hit $4.43 on the upside , eventually ending the session at $4.37, with a gain of 0.69% or 0.03 points. The heightened volatility saw the trading volume jump to 3,026,368 shares. The 52-week high of the share price is $7.91 and the company has a market cap of $2,309 million. The 52-week low of the share price is at $3.01 .
Office Depot, Inc., together with its subsidiaries, is the one of the largest suppliers of office products and services in the world. The company sells to consumers and businesses of all sizes through its three business segments: Stores, Business Services and International. As the largest seller of office products around the world, the Company operates under the Office Depot, Viking Office Products, Viking Direct and 4Sure.com brand names.