Barnes Group Inc. (B) is 19.26% away from 50-day simple Moving Average despite all headwinds

Barnes Group Inc. (NYSE: B) open the trading on Wednesday, with great promise as it jumped 0.02% to $46.53, before settling in for the price of $46.52 at the close. Taking a more long-term approach, B posted a 52-week range of $18.79-$46.70.

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The Industrials sector firm’s twelve-monthly sales growth has been 0.45% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -36.99%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.56%. This publicly-traded company’s shares outstanding now amounts to $50.69 million, simultaneously with a float of $48.45 million. The organization now has a market capitalization sitting at $2.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $39.01, while the 200-day Moving Average is $37.32.

Barnes Group Inc. (B) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Industrial Machinery industry. Barnes Group Inc.’s current insider ownership accounts for 4.57%, in contrast to 93.14% institutional ownership. According to the most recent insider trade that took place on Dec 08 ’23, this organization’s Director bought 67 shares at the rate of 28.65, making the entire transaction reach 1,912 in total value, affecting insider ownership by 26,367. Preceding that transaction, on Nov 07 ’23, Company’s Director bought 50,000 for 22.78, making the whole transaction’s value amount to 1,138,815. This particular insider is now the holder of 66,079 in total.

Barnes Group Inc. (B) Earnings and Revenue Records

Barnes Group Inc.’s EPS decrease for this current 12-month fiscal period is -1.56% and is forecasted to reach 2.09 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -36.99% growth it accomplished over the previous five years trading on the market.

Barnes Group Inc. (NYSE: B) Trading Performance Indicators

Let’s observe the current performance indicators for Barnes Group Inc. (B). It’s Quick Ratio in the last reported quarter now stands at 1.33. The Stock has managed to achieve an average true range (ATR) of 1.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.49. Similarly, its price to free cash flow for trailing twelve months is now 261.90.

In the same vein, B’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.16, a figure that is expected to reach 0.39 in the next quarter, and analysts are predicting that it will be 2.09 at the market close of one year from today.

Technical Analysis of Barnes Group Inc. (B)

[Barnes Group Inc., B] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 97.73% While, its Average True Range was 1.34.

Raw Stochastic average of Barnes Group Inc. (B) in the period of the previous 100 days is set at 98.69%, which indicates a major rise in contrast to 97.97% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 55.29% that was higher than 38.65% volatility it exhibited in the past 100-days period.