Office Depot, Inc. s chart and data analysis indicates that the stock price has dropped -10.54% 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 17.98% . Looking at the past 52 week period, the stock price is down -15.43% . 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.
Office Depot, Inc. stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 5.12%.The 200 Day SMA reached 11.67%Office Depot, Inc. is having a Relative Strength Index of 43.33 which indicates the stock is not yet over sold or over bought based on the technical indicators.Office Depot, Inc. (NASDAQ:ODP) has tumbled 4.63% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.46% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 5.28%. Office Depot, Inc. (NASDAQ:ODP) has underperformed the index by 2.62% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Office Depot, Inc. (NASDAQ:ODP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.06 points or 1.37% at $4.33 with 3,896,383 shares getting traded. Post opening the session at $4.39, the shares hit an intraday low of $4.24 and an intraday high of $4.47 and the price was in this range throughout the day. The company has a market cap of $2,288 million and the number of outstanding shares has been calculated to be 528,383,120 shares. The 52-week high of Office Depot, Inc. (NASDAQ:ODP) is $7.91 and the 52-week low is $3.01.
Currently the company Insiders own 1.47% of Office Depot, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.45% . Institutional Investors own 88.99% of Office Depot, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -3.45%. 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.
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 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.
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.