BARK Inc’s Market Journey: Closing Weak at 2.16, Down -1.82

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The closing price of BARK Inc (NYSE: BARK) was $2.16 for the day, down -1.82% from the previous closing price of $2.20. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 1.14 million shares were traded. BARK stock price reached its highest trading level at $2.22 during the session, while it also had its lowest trading level at $2.12.

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 3.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.65.

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 11 ’24 when Meeker Matt bought 34,000 shares for $1.52 per share. The transaction valued at 51,806 led to the insider holds 10,734,460 shares of the business.

Werdelin Henrik sold 100,000 shares of BARK for $175,390 on Aug 27 ’24. The Director now owns 10,940,385 shares after completing the transaction at $1.75 per share. On Aug 27 ’24, another insider, Werdelin Henrik, who serves as the Director of the company, bought 100,000 shares for $1.75 each.

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 382700160 and an Enterprise Value of 345932000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 3.05. Its current Enterprise Value per Revenue stands at 0.708 whereas that against EBITDA is -12.903.

Stock Price History:

Over the past 52 weeks, BARK has reached a high of $2.56, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 24.97%, while the 200-Day Moving Average is calculated to be 42.73%.

Shares Statistics:

BARK traded an average of 854.48K shares per day over the past three months and 1393600 shares per day over the past ten days. A total of 174.49M shares are outstanding, with a floating share count of 102.14M. Insiders hold about 41.28% of the company’s shares, while institutions hold 24.92% stake in the company. Shares short for BARK as of 1732838400 were 12077666 with a Short Ratio of 14.13, compared to 1730332800 on 12870450. Therefore, it implies a Short% of Shares Outstanding of 12077666 and a Short% of Float of 9.29.

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