Birks Group Inc. (AMEX:BGI) price on Wednesday, August 25, fall -9.14% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.38.
A look at the stock’s price movement, the close in the last trading session was $3.72, moving within a range at $3.03 and $4.25. The beta value (5-Year monthly) was 1.34. Turning to its 52-week performance, $5.43 and $0.57 were the 52-week high and 52-week low respectively. Overall, BGI moved 20.28% over the past month.
Birks Group Inc.’s market cap currently stands at around $60.54 million, with investors looking forward to this quarter’s earnings report slated for Nov 25, 2020.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that BGI is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
BGI’s current price about 12.80% and 24.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.28, while 7-day volatility ratio is 12.50% and 8.12% in the 30-day chart. Further, Birks Group Inc. (BGI) has a beta value of 1.31, and an average true range (ATR) of 0.28.
In the market, a comparison of Birks Group Inc. (BGI) and its peers suggest the former has performed considerably weaker. Data shows BGI’s intraday price has changed -9.14% in last session and 375.86% over the past year. Looking at another peer, we see that Signet Jewelers Limited (SIG) price has gained 1.92% on the day. However, the stock is 373.88% off its price a year ago. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.22% and 0.11% respectively in the last trading.
If we refocus on Birks Group Inc. (AMEX:BGI), historical trading data shows that trading volumes averaged 972.44K over the past 3 months. The company’s latest data on shares outstanding shows there are 18.04 million shares.
The 83.10% of Birks Group Inc.’s shares are in the hands of company insiders while institutional holders own 2.60% of the company’s shares. Current price change has pushed the stock 293.94% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BGI stock continues to rise going into the next quarter.