Big Movers in the Stock Market – Staples, Inc.(NASDAQ:SPLS), Apogee Enterprises Inc (NASDAQ:APOG)

Staples, Inc. (NASDAQ:SPLS) traded at a yearly high level of $11.37 during the last trading session. The last session’s volume of 5.78 million shares was lower than its average volume of 8.50 million shares. The stock, after opening at $9.50, closed at $9.52 by scoring 0.11%. The total market capitalization remained at $6.22 billion.

Staples, Inc. (SPLS), an industry leader in sustainable efforts, found that more than 90% of businesses practice some form of eco-friendly activity regularly, counting recycling, making energy-efficient choices, and/or shopping for more eco-friendly products.

The Staples sustainability study revealed:

  • 89% of businesses and consumers believe that eco-friendly products are the same or higher quality than non-eco products
  • While 74% of consumers recycle containers made of glass, metal or plastic, only 51% recycle electronics at the end of their life
  • 59% of businesses implement one or more energy efficient practices

The findings come from the Staples sustainability survey, conducted by Frank N. Magid Associates, Inc. to further understand the commitment of businesses and consumers to sustainability in the workplace and at home. This 2016-2017 customer sustainability survey was conducted online, among 600 U.S. consumers and 1,300 businesses (small businesses to commercial and enterprises), from December 28, 2016 to January 6, 2017. Those surveyed were the office or household product and service decision-maker or influencer.

The stock showed weekly downbeat performance of -3.05%, which was maintained for the month at 9.96%. Likewise, the positive performance for the quarter was recorded as 4.37% and for the year was -9.64%, while the YTD performance remained at 6.67%.

Its last month’s stock price volatility remained 1.94% which for the week stands at 3.14%. The share price has moved forward from its 20 days moving average 6.04% and positively from its 50 days moving average 6.43%.

Apogee Enterprises Inc (NASDAQ:APOG), after opening at $56.91, closed at $50.72 by scoring -12.67%. The last session’s volume of 2.07 million shares was higher than its average volume of 190,219 shares.

The stock was able to keep return on assets at 12.17% in the trailing twelve month while Reuters data showed that industry’s average stands at 3.25% and sector’s optimum level is 6.52%.

Turning to market valuation, the P/E ratio is 17.75, the P/S ratio is 1.36 and the P/B ratio is finally 3.23. The stock is down -5.08% in this year through last close, and the beta ratio has a value of 1.46.

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