Daily Market Movement: Barnes & Noble Education Inc (BNED) Sees a 4.34 Increase, Closing at 10.34

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Barnes & Noble Education Inc (NYSE: BNED) was $10.34 for the day, up 4.34% from the previous closing price of $9.91. In other words, the price has increased by $4.34 from its previous closing price. On the day, 0.67 million shares were traded. BNED stock price reached its highest trading level at $10.647 during the session, while it also had its lowest trading level at $10.0.

Ratios:

Our analysis of BNED’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 3.48 whereas as Long-Term Debt/Eq ratio is at 2.45.

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 this company, Needham on March 10, 2021, Reiterated its Buy rating but revised its target price to $9 from $5 previously.

On September 04, 2020, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $2.50 to $4.

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 Jul 16 ’24 when Singer Eric bought 18,000 shares for $8.15 per share. The transaction valued at 146,630 led to the insider holds 112,441 shares of the business.

MARTIN WILLIAM C bought 60,000 shares of BNED for $418,752 on Jul 08 ’24. The Director now owns 67,441 shares after completing the transaction at $6.98 per share. On Jul 10 ’24, another insider, MARTIN WILLIAM C, who serves as the Director of the company, bought 38,000 shares for $7.19 each. As a result, the insider paid 273,182 and bolstered with 125,441 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, BNED now has a Market Capitalization of 282135168 and an Enterprise Value of 764734080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 0.488 whereas that against EBITDA is 14.276.

Stock Price History:

Over the past 52 weeks, BNED has reached a high of $226.00, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is 5.26%, while the 200-Day Moving Average is calculated to be -64.59%.

Shares Statistics:

BNED traded an average of 271.82K shares per day over the past three months and 455820 shares per day over the past ten days. A total of 27.29M shares are outstanding, with a floating share count of 11.03M. Insiders hold about 59.57% of the company’s shares, while institutions hold 14.31% stake in the company. Shares short for BNED as of 1730332800 were 1044767 with a Short Ratio of 3.84, compared to 1727654400 on 1220985. Therefore, it implies a Short% of Shares Outstanding of 1044767 and a Short% of Float of 12.5.

Most Popular