Bath & Body Works Inc (NYSE:BBWI) price closed lower on Tuesday, April 16, dropping -2.02% below its previous close.
A look at the daily price movement shows that the last close reads $44.59. The company’s P/E ratio in the trailing 12-month period read 11.33. Taking into account the 52-week price action we note that the stock hit a 52-week high of $50.34 and 52-week low of $27.30. The stock subtracted -4.25% on its value in the past month.
Bath & Body Works Inc, which has a market valuation of $9.83 billion. The company stock has a Forward Dividend ratio of 0.80, while the dividend yield is 1.83%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
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 BBWI a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.26. The overview shows that BBWI’s price is at present -7.15% off the SMA20 and -5.02% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.90, with weekly volatility standing at 3.19%. The indicator jumps to 2.98% when calculated based on the past 30 days. Bath & Body Works Inc (NYSE:BBWI)’s beta value is holding at 1.91, while the average true range (ATR) indicator is currently reading 1.44.
An analysis of the Bath & Body Works Inc (NYSE:BBWI) stock in terms of its daily trading volume indicates that the 3-month average is 2.68 million.
Current records show that the company has 225.00M in outstanding shares. The insiders’ percentage holdings are 1.16% of outstanding shares while the percentage share held by institutions stands at 96.78%. But the 1.23% upside, 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.
