Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, BARK Inc’s stock clocked out at $1.60, down -1.84% from its previous closing price of $1.63. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 1.58 million shares were traded.
Ratios:
To gain a deeper understanding of BARK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.34.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 2.46.
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 $1.01. The 50-Day Moving Average of the stock is -15.69%, while the 200-Day Moving Average is calculated to be -5.29%.
Shares Statistics:
A total of 174.10M shares are outstanding, with a floating share count of 104.29M. Insiders hold about 40.38% of the company’s shares, while institutions hold 29.27% stake in the company.
