Barnes & Noble Education Inc (NYSE:BNED) does about 1.27M shares in volume on a normal day but saw 685984 shares change hands in Friday trading. The company now has a market cap of 11.63M USD. Its current market price is $0.22, marking an increase of 1.30% compared to the previous close of $0.22. The 52 week high reached by this stock is $2.26 whilst the lowest price level in 52 weeks is $0.18.
Barnes & Noble Education Inc (BNED) has a 20-day trading average at $0.3604 and the current price is -90.32% off the 52-week high compared with 21.56% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5859 and its 200-day simple moving average is $1.0155. If we look at the stock’s price movements over the week, volatility stands at 5.97%, which increases to 13.94% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 27.26 to suggest the stock is oversold.
The consensus objective for the share price is $0.75, suggesting that the stock has a potential upside of 70.67% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 10, 2021 when Needham reiterated the stock to “Buy” and issued a price target of between $5 and $9. Craig Hallum upgraded the stock to “Buy” from Hold on September 04, 2020 at a price target of $2.50-$4.
Barnes & Noble Education Inc (BNED) stock is up 10.01% over the week and -68.96% over the past month. Its price is -85.32% year-to-date and -85.41% over the past year.
To reach the target analysts have set, the stock logically needs to grow 70.67 percent from here.
The company has a return on investment of -28.89% and return on equity of -50.86%. The beta has a value of 1.96. Price to book ratio is 0.12 and price to sales ratio is 0.01.
