What’s happening at Bed Bath & Beyond Inc. (NasdaqGS:BBBY)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 4.98% (or 0.84 points) to $17.72 from its previous close of $16.88. So is it the right moment to buy?
The shares had an increased trading volume of 10,215,443 contracts this session compared to the average daily volume of last 10 days of 8,053,837 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 7,643,953 contracts.
The indicator of a company’s profitability, the earnings per share ratio is -5.72. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is negative and tells you exactly how much money the company lost per share of its 126.6M outstanding stock.
The closing market price for this trading session was 142.41% over 52 weeks minimum price of $7.31 and 9.45% under 52 weeks maximum price of $19.57. Also the price is 53.29% greater than 200 day average of $11.56 and 23.38% greater than 50 day average of $14.36.
Latest news that might have contributed to the great perfomance of BBBY today are:
- Bed Bath & Beyond shares soar after restructuring, but it might mean trouble for the holiday season, published on Wed, 18 Dec 2019 21:10:00 +0000
- All You Need to Know About Bed Bath & Beyond (BBBY) Rating Upgrade to Buy, published on Wed, 18 Dec 2019 17:00:05 +0000
- Is Bed Bath & Beyond (BBBY) Stock Undervalued Right Now?, published on Wed, 18 Dec 2019 16:50:04 +0000