Barnes & Noble Education Inc (NYSE:BNED) traded at $11.92 at close of the session on Monday, December 16 and made a downward move of -10.24% on its previous day’s price.
Looking at the stock we see that its previous close was $13.28 and the beta (5Y monthly) reads 2.13 with the day’s price range being $11.49 – $14.405. In terms of its 52-week price range, BNED has a high of $226.00 and a low of $6.05. The company’s stock has gained about 17.55% over that past 30 days.
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Barnes & Noble Education Inc has a market cap of $415.53 million and is expected to release its quarterly earnings report in January.
On the other hand, looking at the outlook for the BNED stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Barnes & Noble Education Inc (BNED) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 7.94% off its SMA20 and 15.87% from its 50-day simple moving average. The RSI (14) is pointing at 54.78 while the volatility over the past week is 16.72% and jumps to 10.05% over the past one month. The beta value is 2.13, while the average true range (ATR) is currently pointing at 1.28. The average price target for the stock over the next 12 months is $2.375, with the estimates having a low of $0.75 and a high of $4. These price ends are 93.71% and 66.44% off the current price level respectively, although investors could be excited at the prospect of a 80.08% if the BNED share price touches on the median price of $2.375.
Coming back to Barnes & Noble Education Inc (NYSE:BNED), we note that the average 3-month trading volume was 342.70K, while that of the preceding 10-day period stands at 0.58 million. Current shares outstanding are 27.29 million.
The insiders hold 59.57% of the company’s shares while institutions hold 12.99%. The data shows that short shares as of 2024-11-15, stood at 1.01 million at a short ratio of 4.54. This represents a 1207.00 short interest in shares outstanding on 2024-11-15. Shares short fall in November from the previous month at 1.18 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -92.00% down in year-to-date price movement.
