|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||41.95 - 43.09|
|52 Week Range||32.21 - 49.14|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||6.10|
|Earnings Date||Aug 06, 2020|
|Forward Dividend & Yield||0.66 (1.55%)|
|Ex-Dividend Date||Jul 08, 2020|
|1y Target Est||N/A|
Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and nine months ended June 27, 2020.
Moody's Investors Service, ("Moody's") today upgraded Ingles Markets, Incorporated's ("Ingles") Corporate Family Rating and Probability of Default Rating to Ba1 and Ba1-PD respectively. In addition, Moody's upgraded the rating of the company's senior unsecured notes to Ba2 from Ba3. "The upgrade reflects Ingles' strong credit metrics and its ability to compete successfully with alternative food retailers and traditional grocers in its markets," Moody's Vice President Mickey Chadha stated.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...