Barnes & Noble Education, Inc. (NYSE:BNED - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.39 and traded as low as $9.69. Barnes & Noble Education shares last traded at $9.74, with a volume of 382,417 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Barnes & Noble Education from a "sell" rating to a "hold" rating in a research note on Tuesday, January 21st.
Get Our Latest Stock Analysis on BNED
Barnes & Noble Education Price Performance
The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 1.31. The stock has a market capitalization of $335.43 million, a PE ratio of -0.29 and a beta of 2.23. The business's 50-day moving average price is $10.38 and its 200 day moving average price is $10.38.
Institutional Trading of Barnes & Noble Education
Large investors have recently modified their holdings of the business. Squarepoint Ops LLC raised its stake in Barnes & Noble Education by 169.2% in the fourth quarter. Squarepoint Ops LLC now owns 31,542 shares of the specialty retailer's stock valued at $317,000 after purchasing an additional 19,824 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in shares of Barnes & Noble Education in the 4th quarter worth $351,000. Millennium Management LLC purchased a new stake in shares of Barnes & Noble Education during the 4th quarter valued at $534,000. D. E. Shaw & Co. Inc. bought a new stake in Barnes & Noble Education during the fourth quarter worth about $584,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Barnes & Noble Education in the fourth quarter worth approximately $481,000. Institutional investors own 38.51% of the company's stock.
Barnes & Noble Education Company Profile
(
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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.
Further Reading
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