Barnes & Noble Education Inc (NYSE:BNED) price on Thursday, May 09,rose 4.67% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.31.
A look at the stock’s price movement, the close in the last trading session was $0.30. Turning to its 52-week performance, $2.26 and $0.18 were the 52-week high and 52-week low respectively. Overall, BNED moved -51.69% over the past month.
Barnes & Noble Education Inc’s market cap currently stands at around $16.69 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BNED is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
BNED’s current price about 6.03% and -42.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.71, while 7-day volatility ratio is 22.45% and 17.42% in the 30-day chart. Further, Barnes & Noble Education Inc (BNED) has a beta value of 2.02, and an average true range (ATR) of 0.06.
If we refocus on Barnes & Noble Education Inc (NYSE:BNED), historical trading data shows that trading volumes averaged 1.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 52.60 million shares.
The 28.68% of Barnes & Noble Education Inc’s shares are in the hands of company insiders while institutional holders own 33.43% of the company’s shares. Current price change has pushed the stock -78.93% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BNED stock continues to rise going into the next quarter.
