Walmart Inc. Climbs To Annual-High Share Price

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Shares of Walmart Inc. WMT traded today at $153.33, eclipsing its 12-month high. Approximately 2.3 million shares have changed hands today, as compared to an average 30-day volume of 8.1 million shares.

America’s largest retailer by sales, Walmart operated over 11,400 stores under 54 banners at the end of fiscal 2021, selling a variety of general merchandise and grocery items. Its home market accounted for 78% of sales in fiscal 2021, with Mexico and Central America (6%) and Canada (4%) its largest external markets. In the United States, around 56% of sales come from grocery, 32% from general merchandise, and 10% from health and wellness items. The company operates several e-commerce properties apart from its eponymous site, including Flipkart and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). Combined, e-commerce accounted for about 12% of fiscal 2021 sales.

Based on a current price of $152.22, Walmart Inc. is currently 0.9% above its average consensus analyst price target of $150.79.

In the past 12 months, shares of Walmart Inc. have traded between a low of $132.01 and a high of $153.33 and are now at $152.22, which is 15% above that low price.

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This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.