BARK (NYSE:BARK) Stock Rating Upgraded by Wall Street Zen

BARK (NYSE:BARK) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of BARK in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, BARK presently has an average rating of “Hold” and a consensus price target of $2.63.

BARK Stock Performance

NYSE BARK opened at $0.85 on Friday. The stock has a 50-day simple moving average of $0.84 and a 200 day simple moving average of $0.99. BARK has a twelve month low of $0.73 and a twelve month high of $2.56. The stock has a market capitalization of $144.23 million, a PE ratio of -4.99 and a beta of 1.86.

Institutional Investors Weigh In On BARK

Institutional investors and hedge funds have recently bought and sold shares of the business. Nuveen LLC bought a new position in shares of BARK during the 1st quarter worth about $589,000. XTX Topco Ltd lifted its stake in BARK by 71.1% during the first quarter. XTX Topco Ltd now owns 211,693 shares of the company’s stock worth $294,000 after purchasing an additional 87,977 shares during the period. Voya Investment Management LLC boosted its holdings in BARK by 43.6% during the first quarter. Voya Investment Management LLC now owns 230,608 shares of the company’s stock valued at $321,000 after purchasing an additional 70,000 shares in the last quarter. State of Wyoming bought a new stake in shares of BARK in the 1st quarter valued at approximately $176,000. Finally, Murchinson Ltd. acquired a new position in shares of BARK in the 1st quarter worth approximately $227,000. Institutional investors own 28.76% of the company’s stock.

BARK Company Profile

BARK Inc, a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the design of playstyle-specific toys, satisfying treats, personal meal plans with supplements, and dog-first experiences designed to foster health and happiness of dogs everywhere.