As of Wednesday close, BARK Inc.’s (NYSE:BARK) stock was down -$0.02, moving down -1.35 percent to $1.46. The average number of shares traded per day over the past five days has been 2,814,040 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0100 gain in that time frame. In the last twenty days, the average volume was 4,099,380, while in the previous 50 days, it was 2,666,560.
Since last month, BARK stock retreated -40.89%. Shares of the company fell to $1.3000 on 06/16/22, the lowest level in the past month. A 52-week high of $11.20 was reached on 01/12/22 after having rallying from a 52-week low of $1.30. Since the beginning of this year, BARK’s stock price has dropped by -65.40% or -$2.7600, and marked a new high 3 times. However, the stock has declined by -86.96% since its 52-week high.
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BARK Inc. (BARK) last reported insider trading activity 9 days ago on Jun 14. LEDECKY JONATHAN J, the Director of the company, purchased of 200,000 shares for $1.43 on Jun 14. It resulted in a $286,000 investment by the insider. Kamenetzky David added 57,689 shares at an average price of $1.42 on Jun 14. The insider now owns 112,514 shares following the transaction. On Jun 13, Director Kamenetzky David bought 54,825 shares at $1.51 apiece. The transaction was valued at $82,517.
In the three months ended December 30, BARK Inc.’s quick ratio stood at 2.00, while its current ratio was 3.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.35. On the profitability front, the trailing twelve-month gross margin is 55.60% percent. In the year ended December 30, operating margins totaled -19.00%. Based on annual data, BARK earned $282.11 million in gross profit and brought in $507.41 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -32.50%. Return on equity (ROE) for the past 12 months was -28.50%.
In BARK Inc.’s quarter-end financial report for December 30, it reported total debt of $76.19 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. BARK’s revenue rose 100.02% to $140.81 million during the quarter, while net income inched up to $128.83 million. While analysts expected BARK Inc. to report -$0.13 quarterly earnings, the actual figure was -$0.12 per share, beating the consensus estimate by 7.70%. During the quarter, the company generated -$29.37 million in EBITDA. The liabilities of BARK Inc. were 217.0 million at the end of its most recent quarter ended December 30, and its total debt was $76.03 million. The value of shareholders’ equity is $175.31 million.
This quick technical analysis looks at BARK Inc.’s (BARK) price momentum. With a historical volatility rate of 88.47%, the RSI 9-day stood at 32.36% on 22 June.
With respect to its five-day moving average, the current BARK Inc. price is up by +0.69% percent or $0.0100. At present, BARK shares trade -39.92% below its 20-day simple moving average and -55.21% percent below its 100-day simple moving average. However, the stock is currently trading approximately -57.93% below its SMA50 and -83.30% below its SMA200.
Stochastic coefficient K was 15.60% and Stochastic coefficient D was 12.23%, while ATR was 0.1718. Given the Stochastic reading of 19.39% for the 14-day period, the RSI (14) reading has been calculated as 32.36%. As of today, the MACD Oscillator reading stands at -0.0100, while the 14-day reading stands at -0.1198.
Citigroup launched its rating on BARK Inc. (NYSE: BARK) to a Buy in a note to investors on June 28, 2021. BARK Inc. (BARK) has been rated Buy by analysts. According to 0 brokerage firms, BARK is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate BARK Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $8.00, the current consensus forecast for the stock is $8.00 – $8.00. Based on these forecasts, analysts predict BARK Inc. (BARK) will achieve an average price target of $8.00.