Staples, Inc. s in-depth stock price analysis indicates that the stock price has dropped -4.69% 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 7.77% . Looking at the past 52 week period, the stock price is up at 9.98% . 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 Staples, Inc. has a negative value of -17.95 compared to overall market performance. Stocks of Staples, Inc. (NASDAQ:SPLS) rallied by 1.33% during the past week but lost 0.22% on a 4-week basis. The company has outperformed the S&P 500 by 0.51% in the past week but underperformed the index by 2% in the last 4 weeks.
Staples, Inc. (NASDAQ:SPLS) : On Friday heightened volatility was witnessed in Staples, Inc. (NASDAQ:SPLS) which led to swings in the share price. The stock opened for trading at $9.02 and hit $9.18 on the upside , eventually ending the session at $9.15, with a gain of 1.33% or 0.12 points. The heightened volatility saw the trading volume jump to 3,569,677 shares. The 52-week high of the share price is $11.37 and the company has a market cap of $5,952 million. The 52-week low of the share price is at $7.24 .
Staples Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.34 EPS for the quarter. Analyst had a consensus estimate of $0.34. The company had revenue of $5355.00 million for the quarter, compared to analysts expectations of $5387.57 million. The companys revenue was down -4.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Staples was Initiated by Loop Capital to Hold on Dec 13, 2016. Company shares were Reiterated by Telsey Advisory Group on Nov 17, 2016 to Market Perform, Raises Price Target to $ 9 from a previous price target of $8 .
Company has reported several Insider transactions to the SEC, on Dec 9, 2016, Mark Conte (SVP Corporate Controller) sold 5,195 shares at 9.97 per share price.On Oct 12, 2016, Paul-henri Ferrand (director) purchased 139 shares at 9.13 per share price.On Jul 5, 2016, Michael Williams (General Counsel) sold 12,458 shares at 8.59 per share price.
Staples.com is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the office needs of business customers. Staples.com provides an electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of all three of Staples Inc.s e-commerce sites: Staples.com, Quillcorp.com and StaplesLink.com. (PRESS RELEASE)