The Bon-Ton Stores, Inc. (BONT) Sees Strong Trading Volume
The Bon-Ton Stores, Inc. (NASDAQ:BONT) shares saw unusually-high trading volume on Friday . Approximately 104,960 shares were traded during trading, a decline of 84% from the previous session’s volume of 653,028 shares.The stock last traded at $0.69 and had previously closed at $0.70.
The company has a 50-day moving average price of $0.65 and a 200 day moving average price of $0.69. The company’s market capitalization is $12.91 million.
The Bon-Ton Stores (NASDAQ:BONT) last posted its quarterly earnings data on Thursday, August 17th. The company reported ($1.64) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.96) by $0.32. The business had revenue of $525.46 million for the quarter. On average, analysts predict that The Bon-Ton Stores, Inc. will post ($2.34) EPS for the current year.
An institutional investor recently raised its position in The Bon-Ton Stores stock. Goldman Sachs Group Inc. boosted its holdings in shares of The Bon-Ton Stores, Inc. (NASDAQ:BONT) by 7.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 119,891 shares of the company’s stock after purchasing an additional 8,705 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.55% of The Bon-Ton Stores worth $101,000 at the end of the most recent quarter. 20.01% of the stock is owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION WARNING: This article was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another domain, it was copied illegally and reposted in violation of international copyright and trademark law. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/09/10/the-bon-ton-stores-inc-bont-sees-strong-trading-volume.html.
The Bon-Ton Stores Company Profile
The Bon-Ton Stores, Inc is a department store operator. The Company operates through two segments: stores and eCommerce (its Internet Websites). The Company offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in over 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet.
Receive News & Stock Ratings for The Bon-Ton Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Bon-Ton Stores Inc. and related stocks with our FREE daily email newsletter.