Bazaarvoice (NASDAQ:BV) has tumbled 9.61% during the past week and has dropped 1.97% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 8.53%. Bazaarvoice (NASDAQ:BV) has underperformed the index by 2.87% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Bazaarvoice (NASDAQ:BV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.49 and $3.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $3.62. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.48, notching a gain of 0.29% for the day. The total traded volume was 7,956,510 . The stock had closed at $3.47 on the previous day.
The company shares have dropped -44.94% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $6.46 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $3.58 and the 200 Day Moving Average price is recorded at $3.61.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Revenue Officer) of Bazaarvoice Inc, Ritzcovan Elizabeth, had purchased 250 shares in a transaction dated on April 12, 2016. The transaction was executed at $3.13 per share with total amount equaling $783.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Credit Suisse maintains the rating on Bazaarvoice (NASDAQ:BV). The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency lowers the price target from $9 per share to $5 per share. The rating by the firm was issued on March 2, 2016. Currently the company Insiders own 3.23% of Bazaarvoice shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 5.29% . Institutional Investors own 76.05% of Bazaarvoice shares. During last six month period, the net percent change held by insiders has seen a change of 2.61%.
Bazaarvoice, Inc. is a network that connects brands and retailers to the authentic voices of people where they shop. The Companys technology platform collects and displays ratings and reviews, questions and answers and stories from customers along with visual commerce capabilities that collectively amplify the voices of the consumers into the shopping. The Companys platforms and solutions include Bazaarvoice Conversations Platform, which provides capabilities to capture, manage and display online consumer-generated content; Bazaarvoice Connections Solutions, which offers network syndication and brand engagement solutions; Bazaarvoice Local, which helps clients gather and promote reviews of local service affiliates; Bazaarvoice Curations, which pulls in content from across a range of social platforms, including Instagram, Facebook and Twitter, and Bazaarvoice Media, which sells advertising on behalf of retailers thereby helping brands and agencies market to shopper audiences.