Payment of 4073 shares by Jocelyn Konrad of Rite Aid subject to Rule 16b-3

Filed transaction by Rite Aid Corp officer. Payment of exercise price or tax liability by delivering or withholding securities
Published over a year ago
View all stories for Rite Aid | View All Stories
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Transaction by Jocelyn Konrad

Watch out for price decline

Please consider monitoring Rite Aid on a daily basis if you are holding a position in it. Rite Aid is trading at a penny-stock level, and the possibility of delisting is much higher compared to other delisted stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Rite Aid stock to be traded above the $1 level to remain listed. If Rite Aid stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Rite Aid's Liquidity

Rite Aid financial leverage refers to using borrowed capital as a funding source to finance Rite Aid ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Rite Aid financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Rite Aid's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Rite Aid's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Rite Aid's total debt and its cash.

Breaking down Rite Aid Indicators

Rite Aid Corporation insider trading alert for payment of common stock by Jocelyn Konrad, Executive VP, on June 26, 2017. This event was filed by Rite Aid Corp with SEC on 2017-06-26. Statement of changes in beneficial ownership - SEC Form 4. Jocelyn Konrad is currently serves as executive vice president - pharmacy of Rite Aid

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect