Big Lots Inc (NYSE:BIG) price closed lower on Monday, April 15, dropping -6.67% below its previous close.
A look at the daily price movement shows that the last close reads $3.45. The company’s 5Y monthly beta was ticking 2.35. Taking into account the 52-week price action we note that the stock hit a 52-week high of $11.55 and 52-week low of $3.42. The stock subtracted -14.13% on its value in the past month.
Big Lots Inc, which has a market valuation of $94.09 million, is expected to release its quarterly earnings report May 24, 2024 – May 28, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BIG a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that BIG’s price is at present -16.69% off the SMA20 and -26.90% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.18, with weekly volatility standing at 7.33%. The indicator jumps to 7.37% when calculated based on the past 30 days. Big Lots Inc (NYSE:BIG)’s beta value is holding at 2.37, while the average true range (ATR) indicator is currently reading 0.33.
An analysis of the Big Lots Inc (NYSE:BIG) stock in terms of its daily trading volume indicates that the 3-month average is 1.52 million.
Current records show that the company has 28.96M in outstanding shares. The insiders’ percentage holdings are 9.27% of outstanding shares while the percentage share held by institutions stands at 75.59%. But the -58.66% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
