Among the S&P 500’s biggest fallers on Thursday March 14 was Dollar General Corporation (DG). The stock experienced a 7.49% decline to $111.64 with 11.27 million shares changing hands.
Dollar General Corporation started at an opening price of 111.64 and hit a high of $112.46 and a low of $108.74. Ultimately, the stock took a hit and finished the day at $9.04 per share. Dollar General Corporation trades an average of 2.39 million shares a day out of a total 262.88 million shares outstanding. The current moving averages are a 50-day SMA of $115.92 and a 200-day SMA of $106.87. Dollar General Corporation hit a high of $121.27 and a low of $86.87 over the last year.
A leading American discount retailer, Dollar General operates over 15,000 stores in 44 states, selling branded and private-label products across a wide variety of categories. In fiscal 2017, 77% of net sales came from consumables (including paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items), 12% from seasonal merchandise (such as toys, greeting cards, decorations, and gardening supplies), 6% from home products (for example, kitchen supplies, small appliances, and cookware), and 5% from basic apparel. Stores average roughly 7,400 square feet, and about 75% of Dollar General locations are in towns of 20,000 or fewer people. The company emphasizes value, with more than 80% of its items offered at everyday low prices of $5 or less.
With its headquarters located in Goodlettsville, TN, Dollar General Corporation employs 129,000 people. After today’s trading, the company’s market cap has fallen to $29.35 billionAs for its value, has a P/E ratio of <17.9, a P/S of 1.67, a P/B of 4.62, and a P/FCF of 43.3.