Dollar General Corporation (DG) Moves Higher on Volume Spike for May 16

Last Price $ 96.60 Last Trade May/17 – 12:58 Change $ 0.40 Change Percent 0.42 % Open $ 96.22 Prev Close $ 96.20 High $ 97.26 low $ 96.22 52 Week High $ 105.82 52 Week Low $ 65.97 Market Cap 25,942,035,776 PE Ratio 4.24 Volume 916,589 Exchange NYE

Dollar General Corporation (DG) traded on unusually high volume on May. 16, as the stock gained 2.34% to close at $96.20. On the day, Dollar General Corporation saw 4.83 million shares trade hands on 32,199 trades. Considering that the stock averages only a daily volume of 2.32 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $105.82 and $65.97 over the last 52-weeks, its 50-day SMA is now $94.24, and its 200-day SMA $87.95. Dollar General Corporation has a P/B ratio of 4.22. It also has a P/E ratio of 16.7.

Dollar General Corp is a discount retailer in the United States. It offers a selection of merchandise, including consumables, seasonal, home products and apparel.

Headquartered in Goodlettsville, TN, Dollar General Corporation has 129,000 employees and is currently under the leadership of CEO Todd J. Vasos.

For a complete fundamental analysis analysis of Dollar General Corporation, check out Equities.com’s Stock Valuation Analysis report for DG.

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To get more information on Dollar General Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: DG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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