Large Outflow of Money Witnessed in Bed Bath & Beyond

Bed Bath & Beyond (BBBY) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($0.71 million) and the uptick to downtick ratio was 0.87. The transaction value on upticks was $4.62 million and on downticks, the transaction value was $5.33 million. The transaction value of block trades during downticks was $1.69 million. The money flow was negative ($1.69 million), indicating the traders were booking profit on the price strength. Bed Bath & Beyond (BBBY) rose $0.03 at $42.19, during intraday Wednesday , a rise of 0.07% over the previous days close.


Bed Bath & Beyond Inc. has lost 1.9% in the last five trading days and dropped 7.13% in the last 4 weeks. Bed Bath & Beyond Inc. has dropped 1.14% during the last 3-month period . Year-to-Date the stock performance stands at -11.84%.

Bed Bath & Beyond (BBBY) : 15 analysts are covering Bed Bath & Beyond (BBBY) and their average rating on the stock is 3.15, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 11 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Bed Bath & Beyond (NASDAQ:BBBY): The stock opened at $42.16 and touched an intraday high of $42.42 on Wednesday. During the day, the stock corrected to an intraday low of $41.91, however, the bulls stepped in and pushed the price higher to close in the green at $42.29 with a gain of 0.31% for the day. The total traded volume for the day was 1,866,787. The stock had closed at $42.16 in the previous trading session.

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.

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