UnknownUnicorn2034381

Golden Cross and High Book Value

Long
NASDAQ:SPTN   SpartanNash Company
$partanNash

Industry; Groceries
Sub-Industry; Food Distributors
Sector Retail/Wholesale

Fundamentals
Book Vakue pr share: $19.92
P/E Ratio 7.48
Institutional Ownership Percentage: 80.95% - More buying than selling in Q3/4
Insider Ownership Percentage: 2.20%

Debt situation, probably not a hold in a recession
Debt-to-Equity Ratio 1.39 - Should be below 1
Current Ratio 1.72 - Is actually decent. Above 1 / Below 3
Quick Ratio 0.74 - Should be above 1

Technicals
Golden Cross has occurred 20 & 50 crossed 200 MA
A small paralell uptrend has begun, still needs to break out of the LT downtrend line, to be a buy.
A Bounce on the 200 MA could also present a buying opprtunity


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