Barnes & Noble Education Inc [NYSE: BNED] surged by $0.02 during the normal trading session on while it closed the day at $11.16.
Barnes & Noble Education Inc stock has also gained 12.27% of its value over the past 7 days. However, BNED stock has inclined by 15.65% in the 3 months of the year. Over the past six months meanwhile, it has gained 7.00% and gained 11.16% year-on date.
The market cap for BNED stock reached $337.19 million, with 27.29 million shares outstanding and 11.03 million shares in the current float. Compared to the average trading volume of 501.63K shares, BNED reached a trading volume of 266741 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Barnes & Noble Education Inc [BNED]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BNED shares is $75.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BNED stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Barnes & Noble Education Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 10, 2021. While these analysts kept the previous recommendation, Craig Hallum raised their target price from $2.50 to $4. The new note on the price target was released on September 04, 2020, representing the official price target for Barnes & Noble Education Inc stock.
The Average True Range (ATR) for Barnes & Noble Education Inc is set at 0.90, with the Price to Sales ratio for BNED stock in the period of the last 12 months amounting to 0.22. The Price to Book ratio for the last quarter was 1.49, with the Price to Cash per share for the same quarter was set at 0.88.
BNED stock trade performance evaluation
Barnes & Noble Education Inc [BNED] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.27. With this latest performance, BNED shares dropped by -6.38% in over the last four-week period, additionally plugging by 7.00% over the last 6 months – not to mention a drop of -88.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BNED stock in for the last two-week period is set at 54.41, with the RSI for the last a single of trading hit 57.36, and the three-weeks RSI is set at 53.03 for Barnes & Noble Education Inc [BNED]. The present Moving Average for the last 50 days of trading for this stock 10.68, while it was recorded at 11.04 for the last single week of trading, and 17.42 for the last 200 days.
Barnes & Noble Education Inc [BNED]: An insightful look at the core fundamentals
Barnes & Noble Education Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 1.31.
Barnes & Noble Education Inc [BNED]: Institutional Ownership
There are presently around $30.06%, or 72.54%% of BNED stock, in the hands of institutional investors.
