Barnes & Noble Sees Unusually Large Options Volume (BKS)

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Barnes & Noble Sees Unusually Large Options Volume (BKS)

Barnes & Noble (NYSE:BKS)'s price sits 7.32% above from its 50-day moving average of $7.15 and -0.64% away from the stock's 200-day moving average which is $7.29. Currently, the stock has a 1 Year Price Target of $10.67. GSA Capital Partners LLP now owns 70,428 shares of the specialty retailer's stock valued at $535,000 after buying an additional 37,628 shares during the period.

American Century Companies Inc. boosted its position in shares of Barnes & Noble, Inc. JPMorgan Chase & Co. grew its holdings in Barnes & Noble by 505.5% during the second quarter. Metropolitan Life Insurance Co.

Barnes & Noble, Inc. on 7/30/2017 reported its EPS as $-0.29 with the analysts projecting the EPS of the stock as $-0.34. Earnings, with 3 analysts believing the company would generate an Average Estimate of $-0.26.

Having a peek at growth estimates of the company, Barnes & Noble (NYSE:BKS) has current quarter growth estimates of 10.3% however it has 9.4% estimations over growth for the next quarter.

Separately, Zacks Investment Research cut Barnes & Noble from a "hold" rating to a "sell" rating in a research report on Thursday, September 14th. (BKS) has made a move of +7.86% over the past month, which has come on Strong relative transaction volume. This is worse off than Barnes & Noble, Inc.'s losses per share of 29 cents from the same time previous year.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 2.21 whereas its trailing twelve month P/E ratio is 22.1. Vanguard Group Inc. raised its position in shares of Barnes & Noble by 6.9% during the 1st quarter. During the same quarter in the prior year, the firm earned ($0.07) earnings per share. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.17.

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Barnes & Noble has 632 physical stores, the most of any USA bookseller. But unlike other troubled brick-and-mortar retailers who have closed a record number of stores so far this year, Barnes & Noble has kept its total store count relatively unchanged.

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