Consumer Confidence Drops; Retail ETFs in Focus Tuesday, September 28, 1:15 PM ET, by ETF Channel Staff The Conference Board released a disappointing consumer confidence report this morning, putting retailer and retail ...
In trading on Thursday, shares of SUPERVALU INC (NYSE:SVU) crossed above their 200 day moving average of $9.68, changing hands as high as $10.90 per share. SUPERVALU INC shares are currently trading up about 16.9% on the day. The chart below shows the one year performance of SVU shares, versus its 200 day moving average:
Looking at the chart above, SVU's low point in its 52 week range is $7.06 per share, with $17.47 as the 52 week high point — that compares with a last trade of $10.61.
According to the ETF Finder at ETF Channel, SVU makes up 1.64% of the SPDR S&P Retail ETF (AMEX:XRT) which is trading up by about 0.1% on the day Thursday.
SVU operates in the Grocery & Drug Stores sector, among companies like Weis Markets, Inc. (NYSE:WMK) which is up about 1% today, and CVS Caremark Corporation (NYSE:CVS) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of SVU, versus WMK and CVS.
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