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Staples, Inc. (NASDAQ:SPLS) has been downgraded to Sell in a statement by TheStreet earlier today.

Displaying a price of $8.46, Staples, Inc. (NASDAQ:SPLS) traded 0.58% higher on the day. With the last stock close down 7.75% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Staples, Inc. has logged a 50-day moving average of $8.85 and 200-day moving average of $9.37. Trade volume was was up over the average, with 7,058,910 shares of SPLS changing hands over the typical 6,494,770 shares.

TheStreet has downgraded Staples, Inc.(NASDAQ:SPLS) to Sell in a statement released 8/19/2016.

Recent Performance Chart:

Staples, Inc. (NASDAQ:SPLS)

A total of 11 equity analysts have issued a ratings update on the stock. Zero rate the company a strong buy, 0 rate the company a buy, 0 firms rate the stock a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the company as sell with a 12-month target of $9.50

Staples, Inc. has a 52 week low of $8.00 and a 52 week high of $14.13 . Staples, Inc.’s market capitalization is currently $0.0.

General Company Details For Staples, Inc. (NASDAQ:SPLS)

Staples, Inc. is a provider of products and services for business customers and consumers. The Company offers a selection of products, Websites and mobile platforms, and a range of copy, print and technology services. The Company operates through three business segments, which include North American Stores & Online, North American Commercial and International Operations. The North American Stores & Online segment includes its retail stores and businesses in the United States and Canada. The North American Commercial segment consists of the United States and Canadian businesses that sell and deliver products and services directly to businesses, including Staples Advantage and The International Operations segment consists of businesses in approximately 25 countries in Europe, Australia, South America and Asia. It serves businesses of all sizes and consumers in North America, Europe, Australia, and South America and Asia.

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