Big Lots (BIG) has been under a strong bear grip, hence the stock is down -3.77% 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 2.52% in the past 1 week. The stock has risen by 2.69% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.29% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.36% and the 50-Day Moving Average is 6.38%.The 200 Day SMA reached 4.87%
Big Lots (NYSE:BIG): The stock opened in the green at $48.18 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $48.46 and a low of $47.73 for the day. The stock did not find buyers even at the lows and closed at $47.75 recording a loss of -0.13%. 968,198 shares exchanged hands during the trading day. The stock had closed at $47.75 in the previous days trading.
Big Lots (BIG) : 9 investment research analysts covering Big Lots (BIG) have an average price target of $53.22 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $42 for the short term. Analysts expect the variance to be within $6.96 of the average price.
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.