Barnes & Noble Education, Inc. (NYSE:BNED – Get Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.75 and traded as low as $10.37. Barnes & Noble Education shares last traded at $10.57, with a volume of 111,184 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Barnes & Noble Education from a “hold” rating to a “sell” rating in a research report on Thursday, September 12th.
Get Our Latest Stock Analysis on Barnes & Noble Education
Barnes & Noble Education Stock Down 2.0 %
Barnes & Noble Education (NYSE:BNED – Get Free Report) last released its earnings results on Tuesday, September 10th. The specialty retailer reported ($3.07) earnings per share (EPS) for the quarter. The company had revenue of $263.43 million for the quarter. Barnes & Noble Education had a negative return on equity of 27.68% and a negative net margin of 7.17%.
Institutional Trading of Barnes & Noble Education
A hedge fund recently bought a new stake in Barnes & Noble Education stock. Virtu Financial LLC bought a new stake in Barnes & Noble Education, Inc. (NYSE:BNED – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 76,733 shares of the specialty retailer’s stock, valued at approximately $56,000. Virtu Financial LLC owned about 0.14% of Barnes & Noble Education as of its most recent filing with the Securities and Exchange Commission. 38.51% of the stock is owned by institutional investors.
Barnes & Noble Education Company Profile
Barnes & Noble Education, Inc operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates through Retail and Wholesale segments. The company sells and rents new and used print textbooks, digital textbooks, and publisher hosted digital courseware through physical and virtual bookstores, as well as directly to students through Textbooks.com.
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