Sleep Number Corp (NASDAQ:SNBR) shares, rose in value on Wednesday, June 18, with the stock price down by -0.83% to the previous day’s close as strong demand from buyers drove the stock to $7.18.
Actively observing the price movement in the last trading, the stock closed the session at $7.24. Referring to stock’s 52-week performance, its high was $20.75, and the low was $4.48. On the whole, SNBR has fluctuated by -21.01% over the past month.
With the market capitalization of Sleep Number Corp currently standing at about $162.70 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-30.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SNBR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SNBR currently trading nearly -22.10% and -9.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.61, while the 7-day volatility ratio is showing 7.01% which for the 30-day chart, stands at 6.39%. Furthermore, Sleep Number Corp (SNBR)’s beta value is 1.85, and its average true range (ATR) is 0.76.
A comparison of Sleep Number Corp (SNBR) with its peers suggests the former has fared considerably weaker in the market. SNBR showed an intraday change of -0.83% in last session, and over the past year, it shrunk by -43.02%%.
Data on historical trading for Sleep Number Corp (NASDAQ:SNBR) indicates that the trading volumes over the past 3 months, they’ve averaged 711.19K. According to company’s latest data on outstanding shares, there are 22.66 million shares outstanding.
Nearly 17.78% of Sleep Number Corp’s shares belong to company insiders and institutional investors own 75.43% of the company’s shares. The stock has fallen by -52.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SNBR stock heading into the next quarter.