Barnes & Noble (NYSE:BKS) : Traders are bullish on Barnes & Noble (NYSE:BKS) as it has outperformed the S&P 500 by a wide margin of 8.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.37%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.69% in the last 1 week, and is up 10.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -31.88% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $19.00 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $11.48 and the 200 Day Moving Average price is recorded at $10.67.
The stock has recorded a 20-day Moving Average of 11.56% and the 50-Day Moving Average is 10.87%.
Barnes & Noble (NYSE:BKS): stock turned positive on Friday. Though the stock opened at $12.19, the bulls momentum made the stock top out at $12.51 level for the day. The stock recorded a low of $12.19 and closed the trading day at $12.49, in the green by 2.88%. The total traded volume for the day was 924,564. The stock had closed at $12.14 in the previous days trading.
In an insider trading activity, Cowen Scott S, director of Barnes & Noble Inc had purchased 5,000 shares on January 15, 2016 in a transaction. The price per share was $8.28 and the total amount of the disclosed transaction was $41,400.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Barnes & Noble, Inc. is a retailer of content, digital media and educational products. The Companys segments include Barnes & Noble Retail (B&N Retail) and NOOK. The Company is a content, commerce and technology company, which provides access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform. The Companys principal business is the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), childrens books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, emblematic apparel and gifts, school and dorm supplies, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on barnesandnoble.com. The Company operates approximately 648 bookstores in around 50 states.