Bed Bath & Beyond (BBBY) : During the past 4 weeks, traders have been relatively bearish on Bed Bath & Beyond (BBBY), hence the stock is down -3.8% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.36% 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 0.25% in the last 1 week, and is up 2.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Bed Bath & Beyond (NASDAQ:BBBY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.33 and $43.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.48, notching a gain of 0.82% for the day. The total traded volume was 1,003,558 . The stock had closed at $44.12 on the previous day.
The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 1.88%. Bed Bath & Beyond Inc. has dropped 9.22% during the last 3-month period . Year-to-Date the stock performance stands at -7.54%.
Bed Bath & Beyond Inc. and subsidiaries is a retailer selling an assortment of domestics merchandise and home furnishings, which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store, online or through a mobile device. In addition, the Company operates Of a Kind, an e-commerce Website that features specially commissioned, limited edition items from emerging fashion and home designers. It also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. The Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. It sells an assortment of domestics merchandise and home furnishings.