Trading Day Review: BARK Inc (BARK) Loses Momentum, Closing at 1.38

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The price of BARK Inc (NYSE: BARK) closed at $1.38 in the last session, down -1.43% from day before closing price of $1.40. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.97 million shares were traded. BARK stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.33.

Ratios:

We take a closer look at BARK’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:

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 241382704 and an Enterprise Value of 203812752. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 0.416 whereas that against EBITDA is -8.313.

Stock Price History:

The Beta on a monthly basis for BARK is 1.93, which has changed by 0.25454545 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. 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 -14.03%, while the 200-Day Moving Average is calculated to be -18.63%.

Shares Statistics:

According to the various share statistics, BARK traded on average about 907.87K shares per day over the past 3-months and 886620 shares per day over the past 10 days. A total of 174.10M shares are outstanding, with a floating share count of 104.80M. Insiders hold about 40.09% of the company’s shares, while institutions hold 29.25% stake in the company. Shares short for BARK as of 1741910400 were 13372083 with a Short Ratio of 15.05, compared to 1739491200 on 14700205. Therefore, it implies a Short% of Shares Outstanding of 13372083 and a Short% of Float of 10.209999999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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