Bed Bath & Beyond Crosses Above its 10-day MA (BBBY)
Bed Bath & Beyond (NASDAQ:BBBY) shares have crossed bullishly above their 10-day moving average of $61.28 on a volume of 1.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Bed Bath & Beyond share prices have been bracketed by a low of $42.31 and a high of $63.30 and are now at $62.00, 47% above that low price. The 200-day and 50-day moving averages have moved 0.58% higher and 1.42% higher over the past week, respectively.
Bed Bath & Beyond (NASDAQ:BBBY) has potential upside of 6.7% based on a current price of $62.00 and analysts' consensus price target of $66.16. Bed Bath & Beyond shares have support at the 50-day moving average (MA) of $58.06 and additional support at the 200-day MA of $54.05.
Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.
Bed Bath & Beyond Looks to Continue to Trade Above its Annual-High Share Price ...
Bed Bath & Beyond (NASDAQ:BBBY) traded at a new 52-week high today of $62.75. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 3.1 million shares.
Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.
Bed Bath & Beyond (NASDAQ:BBBY) has potential upside of 5.7% based on a current price of $62.61 and analysts' consensus price target of $66.16. Bed Bath & Beyond shares have support at the 50-day moving average (MA) of $57.66 and additional support at the 200-day MA of $53.93.
Bed Bath & Beyond share prices have moved between a 52-week high of $62.75 and a 52-week low of $42.31 and are now trading 48% above that low price at $62.61 per share. The 200-day and 50-day moving averages have moved 0.35% higher and 0.74% higher over the past week, respectively.