Big Lots (NYSE:BIG) has been under a strong bear grip, hence the stock is down -4.5% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.73% in the past 1 week. The stock has risen by 2.02% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.96% in the past 4 weeks.
The company shares have rallied 8.49% from its 1 Year high price. On Jun 3, 2016, the shares registered one year high at $53.35 and the one year low was seen on Jan 15, 2016. The 50-Day Moving Average price is $49.85 and the 200 Day Moving Average price is recorded at $43.84.
The stock has recorded a 20-day Moving Average of 1.45% and the 50-Day Moving Average is 6.18%.
Big Lots (NYSE:BIG): stock turned positive on Friday. Though the stock opened at $50.5, the bulls momentum made the stock top out at $51.17 level for the day. The stock recorded a low of $50.5 and closed the trading day at $51.1, in the green by 1.65%. The total traded volume for the day was 835,270. The stock had closed at $50.27 in the previous days trading.
In an insider trading activity, Schlonsky Michael Allen, officer (Executive Vice President) of Big Lots Inc, unloaded 15,000 shares at an average price of $50.47 on July 1, 2016. The total amount of the transaction was worth $757,050, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Big Lots, Inc. is a United States-based discount retailer. As of December 31, 2014, the Company, through its wholly owned subsidiaries, operated 1,460 stores in 48 states. The Companys Food category includes beverage and grocery, candy and snacks, and specialty foods. Its Consumables category includes health and beauty, plastics, paper, chemical and pet departments. Its Soft Home category includes fashion bedding, utility bedding, bath, window, decorative textile and flooring, and the Hard Home category includes small appliances, table top, food preparation, stationery, greeting card, tools, paint and home maintenance departments. Its Furniture & Home Decor category includes upholstery, mattress, case goods, home decor and frames; the Seasonal category includes lawn & garden, summer, Christmas, toys, books, sporting goods and other holiday and its Electronics & Accessories category includes electronics, jewelry, apparel, hosiery and infant accessories departments.