The Fresh Market Up 1%
The Fresh Market (NASDAQ: TFM) has been a very active stock since the company released a bullish earnings report on May 30. Over the last five trading sessions, the stock is up almost 18%. On Tuesday, shares are rallying once again on heavier than normal volume after recording gains yesterday. At last check, TFM was up a little less than 1% at $57.50. At current levels, the company has a market cap of $2.76 billion. TFM trades at a trailing P/E of 48, a forward P/E of 34, and a PEG ratio of 1.87.
The Fresh Market, Inc., (The Fresh Market) is a specialty retailer. The Company focuses on perishable product categories, which include meat, seafood, produce, deli, bakery, floral, sushi and prepared foods. The Fresh Market's non-perishable product categories consist of grocery and dairy products, as well as specialty foods, including bulk, coffee and candy, and beer and wine.
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