Barnes & Noble Education Inc (BNED) had a good day on the market for Monday October 21 as shares jumped 6.43% to close at $3.97. About 626,957 shares traded hands on 3,852 trades for the day, compared with an average daily volume of n/a shares out of a total float of 47.61 million. After opening the trading day at $3.75, shares of Barnes & Noble Education Inc stayed within a range of $4.12 to $3.75.
With today’s gains, Barnes & Noble Education Inc now has a market cap of $189 million. Shares of Barnes & Noble Education Inc have been trading within a range of $7.78 and $2.82 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Barnes & Noble Education Inc. is an operator of bookstores in college and university campuses across the United States and it also engaged in providing digital education services. It operates in three reportable segments: Retail segment, MBS Direct and Digital Student Solutions. Retail segment operates physical campus bookstores and also includes digital operations.
Barnes & Noble Education Inc is based out of Basking Ridge, NJ and has some 6,000 employees. Its CEO is Michael P. Huseby.
Barnes & Noble Education Inc is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
