Arko (NASDAQ:ARKOW) Shares Up 4.7% – Still a Buy?

Arko Corp. (NASDAQ:ARKOWGet Free Report) shares shot up 4.7% during mid-day trading on Thursday . The stock traded as high as $0.55 and last traded at $0.47. 5,097 shares were traded during trading, a decline of 70% from the average session volume of 16,960 shares. The stock had previously closed at $0.45.

Arko Stock Performance

The business’s fifty day moving average price is $0.48 and its 200-day moving average price is $0.48.

Arko Company Profile

(Get Free Report)

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.

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