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 traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Barnes & Noble Education from a “hold” rating to a “sell” rating in a research report on Thursday, September 12th.
View Our Latest Report on BNED
Barnes & Noble Education Stock Up 1.6 %
Barnes & Noble Education (NYSE:BNED – Get Free Report) last posted its quarterly earnings results on Tuesday, September 10th. The specialty retailer reported ($3.07) earnings per share for the quarter. Barnes & Noble Education had a negative net margin of 7.17% and a negative return on equity of 27.68%. The business had revenue of $263.43 million for the quarter.
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 position in Barnes & Noble Education, Inc. (NYSE:BNED – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 76,733 shares of the specialty retailer’s stock, valued at approximately $56,000. Virtu Financial LLC owned approximately 0.14% of Barnes & Noble Education as of its most recent SEC filing. Institutional investors and hedge funds own 38.51% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Barnes & Noble Education
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- What is a Stock Market Index and How Do You Use Them?
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for Barnes & Noble Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barnes & Noble Education and related companies with MarketBeat.com's FREE daily email newsletter.