Village Super Market (NASDAQ:VLGEA) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.
Shares of Village Super Market (NASDAQ:VLGEA) traded down $0.10 on Wednesday, reaching $25.10. The company’s stock had a trading volume of 8,579 shares, compared to its average volume of 25,788. Village Super Market has a fifty-two week low of $21.95 and a fifty-two week high of $28.01. The company has a current ratio of 1.61, a quick ratio of 1.18 and a debt-to-equity ratio of 0.17. The firm has a market cap of $356.70, a PE ratio of 14.23 and a beta of 0.36.
In other news, EVP John Sumas sold 7,000 shares of the stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $23.83, for a total value of $166,810.00. Following the completion of the sale, the executive vice president now owns 118,805 shares of the company’s stock, valued at $2,831,123.15. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 40.18% of the company’s stock.
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Village Super Market Company Profile
Village Super Market, Inc (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, eight in southern New Jersey, two in Maryland and one in northeastern Pennsylvania.
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