The closing price of BARK Inc (NYSE: BARK) was $1.27 for the day, down -5.93% from the previous closing price of $1.35. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 598960 shares were traded. BARK stock price reached its highest trading level at $1.3500 during the session, while it also had its lowest trading level at $1.2700.
Ratios:
Our analysis of BARK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 2.65. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 05, 2024, Upgraded its rating to Buy and sets its target price to $1.90 from $1.54 previously.
On December 19, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $1.34.
Canaccord Genuity Downgraded its Buy to Hold on November 09, 2023, whereas the target price for the stock was revised from $3.50 to $1.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 13 ’23 when Meeker Matt bought 61,700 shares for $0.79 per share. The transaction valued at 48,866 led to the insider holds 9,926,436 shares of the business.
Kamenetzky David sold 82,933 shares of BARK for $132,859 on Sep 12 ’23. The Director now owns 0 shares after completing the transaction at $1.60 per share. On Sep 11 ’23, another insider, Kamenetzky David, who serves as the Director of the company, sold 83,000 shares for $1.60 each. As a result, the insider received 132,435 and left with 82,933 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BARK now has a Market Capitalization of 225.02M and an Enterprise Value of 182.76M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 0.37 whereas that against EBITDA is -6.96.
Stock Price History:
Over the past 52 weeks, BARK has reached a high of $1.64, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is 1.1240, while the 200-Day Moving Average is calculated to be 1.1503.
Shares Statistics:
BARK traded an average of 1.07M shares per day over the past three months and 658.86k shares per day over the past ten days. A total of 177.65M shares are outstanding, with a floating share count of 103.48M. Insiders hold about 41.60% of the company’s shares, while institutions hold 21.71% stake in the company. Shares short for BARK as of Feb 29, 2024 were 17.98M with a Short Ratio of 16.86, compared to 18.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.15% and a Short% of Float of 13.45%.
