Do Bed Bath & Beyond Inc. (BBBY) beta value of 2.29 signposts another twist?

Let’s start up with the current stock price of Bed Bath & Beyond Inc. (BBBY), which is $19.73 to be very precise. The Stock rose vividly during the last session to $20.03 after opening rate of $19.70 while the lowest price it went was recorded $19.47 before closing at $19.80.

Recently in News on November 12, 2020, Bed Bath & Beyond Completes Sale Of Christmas Tree Shops, Linen Holdings And Distribution Center In Florence, NJ. Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced the completion of the sale of its Christmas Tree Shops retail banner, its institutional Linen Holdings business and a distribution center located in Florence, NJ. Total cash proceeds from the three separate sale agreements were approximately $250 million. You can read further details here


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Bed Bath & Beyond Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $26.16 on 10/20/20, with the lowest value was $3.43 for the same time period, recorded on 04/03/20.

Bed Bath & Beyond Inc. (BBBY) full year performance was 46.58%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Bed Bath & Beyond Inc. shares are logging -24.58% during the 52-week period from high price, and 475.22% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.43 and $26.16.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 5772907 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Bed Bath & Beyond Inc. (BBBY) recorded performance in the market was 14.05%, having the revenues showcasing 59.76% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.49B, as it employees total of 55000 workers.

Specialists analysis on Bed Bath & Beyond Inc. (BBBY)

During the last month, 5 analysts gave the Bed Bath & Beyond Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 3 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 14.68, with a change in the price was noted +9.49. In a similar fashion, Bed Bath & Beyond Inc. posted a movement of +92.68% for the period of last 100 days, recording 10,811,011 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BBBY is recording 0.76 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.76.

Trends and Technical analysis: Bed Bath & Beyond Inc. (BBBY)

Raw Stochastic average of Bed Bath & Beyond Inc. in the period of last 50 days is set at 57.45%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 21.30%. In the last 20 days, the company’s Stochastic %K was 18.40% and its Stochastic %D was recorded 14.49%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.05%. Additionally, trading for the stock in the period of the last six months notably improved by 240.76%, alongside a boost of 46.58% for the period of the last 12 months. The shares increased approximately by -8.23% in the 7-day charts and went up by -17.60% in the period of the last 30 days. Common stock shares were driven by 59.76% during last recorded quarter.

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