Barnes & Noble Education, Inc. (NYSE:BNED - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $10.90 and traded as low as $10.90. Barnes & Noble Education shares last traded at $10.92, with a volume of 273,016 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com raised Barnes & Noble Education from a "sell" rating to a "hold" rating in a report on Tuesday, January 21st.
View Our Latest Stock Analysis on BNED
Barnes & Noble Education Stock Performance
The firm has a market capitalization of $333.76 million, a PE ratio of -0.33 and a beta of 2.11. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.31 and a quick ratio of 0.71. The firm has a fifty day moving average price of $10.90 and a 200 day moving average price of $10.69.
Barnes & Noble Education (NYSE:BNED - Get Free Report) last announced its quarterly earnings data on Monday, December 9th. The specialty retailer reported $1.91 earnings per share (EPS) for the quarter. Barnes & Noble Education had a negative return on equity of 6.95% and a negative net margin of 5.57%.
Institutional Investors Weigh In On Barnes & Noble Education
Several hedge funds have recently bought and sold shares of the business. Quantbot Technologies LP acquired a new position in Barnes & Noble Education in the 4th quarter worth about $34,000. FNY Investment Advisers LLC acquired a new position in Barnes & Noble Education in the 4th quarter worth about $49,000. Bank of America Corp DE increased its position in Barnes & Noble Education by 1,412.1% in the 4th quarter. Bank of America Corp DE now owns 6,139 shares of the specialty retailer's stock worth $62,000 after purchasing an additional 5,733 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Barnes & Noble Education by 362.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 9,328 shares of the specialty retailer's stock worth $94,000 after purchasing an additional 7,310 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new position in Barnes & Noble Education in the 4th quarter worth about $122,000. 38.51% of the stock is owned by hedge funds and other institutional investors.
About Barnes & Noble Education
(
Get Free Report)
Barnes and Noble Education, Inc engages in the management and operation of bookstore chains in universities. It operates through the Retail and Wholesale segments. The Retail segment operates college, university, and K-12 school bookstores, physical bookstores, and virtual bookstores. The Wholesale segment sells and distributes new and used textbooks to physical bookstores.
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