Stocks & Forex
Bed Bath & Beyond Inc. (BBBY) Shares Up Despite Recent Market Volatility – News Heater
Bed Bath & Beyond Inc. (NASDAQ: BBBY)’s stock price has increased by 2.00 compared to its previous closing price of 1.50. However, the company has seen a fall of -15.00% in its stock price over the last five trading days. The Wall Street Journal reported on 02/19/23 that Meme Stock Investors Get Burned by Bed Bath & Beyond
The 36-month beta value for BBBY is also noteworthy at 1.61. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 7 rating it as “sell.”
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The average price estimated by analysts for BBBY is $1.64, which is $0.15 above than the current price. The public float for BBBY is 114.64M, and at present, short sellers hold a 47.63% of that float. The average trading volume of BBBY on February 27, 2023 was 57.31M shares.
The -73.66% Simple Moving Average of Bed Bath & Beyond Inc.’s (BBBY) Stock in the Past 200 Days
The stock of Bed Bath & Beyond Inc. (BBBY) has seen a -15.00% decrease in the past week, with a -52.78% drop in the past month, and a -51.81% fall in the past quarter. The volatility ratio for the week is 14.71%, and the volatility levels for the past 30 days are at 25.74% for BBBY. The simple moving average for the last 20 days is -39.60% for BBBY stock, with a simple moving average of -73.66% for the last 200 days.
Analysts’ Opinion of BBBY
Odeon, on the other hand, stated in their research note that they expect to see BBBY reach a price target of $7.50. The rating they have provided for BBBY stocks is “Hold” according to the report published on September 30th, 2022.
BBBY Trading at -44.29% from the 50-Day Moving Average
After a stumble in the market that brought BBBY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.91% of loss for the given period.
Volatility was left at 25.74%, however, over the last 30 days, the volatility rate increased by 14.71%, as shares sank -39.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -51.12% lower at present.
During the last 5 trading sessions, BBBY fell by -15.00%, which changed the moving average for the period of 200-days by -86.05% in comparison to the 20-day moving average, which settled at $2.4837. In addition, Bed Bath & Beyond Inc. saw -39.04% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BBBY starting from Arnal Gustavo, who sale 12,500 shares at the price of $29.95 back on Aug 17. After this action, Arnal Gustavo now owns 255,396 shares of Bed Bath & Beyond Inc., valued at $374,375 using the latest closing price.
Cohen Ryan, the 10% Owner of Bed Bath & Beyond Inc., sale 5,000,000 shares at $21.17 during a trade that took place back on Aug 16, which means that Cohen Ryan is holding 2,780,000 shares at $105,845,055 based on the most recent closing price.
Stock Fundamentals for BBBY
Current profitability levels for the company are sitting at:
- -1.57 for the present operating margin
- +33.31 for the gross margin
The net margin for Bed Bath & Beyond Inc. stands at -7.11. Equity return is now at value 358.80, with -26.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.