Bloomin Brands Inc (NASDAQ:BLMN) currently has a daily average trading volume of 1.55M but it saw 1401042 shares traded in last market. With a market cap of 1.14B USD, the company’s current market price of $13.43 came falling about -0.89 while comparing to the previous closing price of $13.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.12 and as low as $13.11. In the recent trading on the day, stock has struck highest price mark of $13.36 while lowest mark touched by it was $13.9.
Taking a look at 20-day trading activity of Bloomin Brands Inc (BLMN) gives us an average price of $15.74, while its current price level is -55.42% below from 52-week high level whereas it is 2.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.13 while that of 200 days or SMA-200 reads an average of $21.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.94% during that period while stretching the period over a month that decreases to 4.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.10 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on January 23, 2024 while assigning a price target of $26. Raymond James also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $29 and $28.
Over the week, BLMN’s stock price is moving -19.96% down while it is -17.71% when we observe its performance for the past one month. Year-to-date it is -52.29% down and over the past year, the stock is showing a downside performance of -43.24%.
Currently, Bloomin Brands Inc’s total number of outstanding shares is 86.97M. Company’s return on investment (ROI) stands at -0.21% and return on equity (ROE) at -1.66%. It has a 7.39 of forward P/E ratio. Stock’s beta reads 1.96. Stock has a price to book (P/B) ratio of 4.71 while price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is -0.16% on average.
