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Ingles Markets, Incorporated Message Board

  • wall_street_mayhem wall_street_mayhem May 6, 2011 5:49 AM Flag


    52-WEEK HIGH REMAINS IN VIEW FOR INGLES MARKETS IN THE FOOD RETAIL INDUSTRY (IMKTA, WFMI, CASY, SUSS, VLGEA)Print Share May 05, 2011 (SmarTrend(R) News Watch via COMTEX) -- Ingles Markets (NASDAQ:IMKTA) is one of the closest Food Retail stocks near its 52-week high. It is now trading at 89% of its 52-week high of $20.45. The stock has risen 31% from its 52-week low. These levels are important to watch as breaking out to new highs is a very bullish signal.

    Next on the list in this segment of the market is Whole Foods Market (NASDAQ:WFMI). This company is also within earshot at 89% of its 52-week high. WFMI is also trading 76% above its 52-week low. Following WFMI is Casey's General Stores (NASDAQ:CASY), which is trading within 86% of its 52-week high and has risen 27% above its 52-week low.

    Ranked fourth is Susser Holdings (NASDAQ:SUSS), trading at 81% of its 52-week high (43% above its low). Completing the top 5 is Village Super Market (NASDAQ:VLGEA), also pretty close at 80% of its 52-week high and 11% above its 52-week low.

    SmarTrend currently has shares of Village Super Market in an Downtrend and issued the Downtrend alert on February 04, 2011 at $31.10. The stock has fallen 13.1% since the Downtrend alert was issued.

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