Bed Bath & Beyond Inc. (NASDAQ:BBBY) Traded Lower Than Its 50 Day Moving Average

Read article : Bed Bath & Beyond Inc. (NASDAQ:BBBY) Traded Lower Than Its 50 Day Moving Average

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The stock last traded at $27.37 which is just a bit below $29.20, the 50 day moving average and which is quite a bit below the 200 day moving average of $35.46. The 50 day moving average went down $-1.83 or -6.26% and the 200 day average was down $-8.09. Trading was light with 1,487K shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 29.43% under the normal average daily volume.

These funds have also shifted positions in (BBBY). Proficio Capital Partners LLC downsized its investment by shedding 140 shares a decrease of 50.4% from 12/31/2016 to 03/31/2017. Proficio Capital Partners LLC owns 138 shares valued at $5,000. The value of the position overall is down by 54.5%. Fny Managed Accounts LLC grew its position by buying 2,131 shares an increase of 532.8% in the quarter. Fny Managed Accounts LLC now holds 2,531 shares with a value of $99,000. The total value of its holdings increased 518.8%. As of the end of the quarter Fny Partners Fund Lp had sold a total of 990 shares trimming its holdings by 99.0%. The value in dollars went from $41,000 to $0 decreasing 100.0% for the reporting period. Winton Group Ltd reduced its stake by shedding 14,066 shares a decrease of 2.5%. Winton Group Ltd claims 551,437 shares worth $21,760,000. The total value of its holdings decreased 5.3%. The company is up by 0.59 percent from yesterday’s close. Bed Bath & Beyond Inc. also recently announced a dividend for shareholders to be paid on Tuesday the 17th of October 2017. The dividend will be $0.150 per share for the quarter or $0.60 annualized. This dividend amount will represent a yeild of $2.21. The ex-dividend date is Wednesday the 14th of June 2017. The P/E ratio is 6.30 and the market value is 3.85B. As of the latest earnings report the EPS was $4.35 and is estimated to be $4.02 for the current year with 140,696,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.71 and the next full year EPS is anticipated to be $3.91. Bed Bath & Beyond Inc., launched on October 5, 1971, is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The Company operates in two segments: North American Retail and Institutional Sales..