Breaking The Old 52 Week Low, Big 5 Sporting Goods Corporation (Nasdaq:BGFV) Finishing At $3.39

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BGFV
BGFV

Big 5 Sporting Goods Corporation (Nasdaq:BGFV)

December 6th, 2018
Big 5 Sporting Goods Corporation finished up $0.08 Thursday which equals a 2.42% increase, closing at $3.39. Despite ending the day higher, Big 5 Sporting Goods Corporation hit a new 52 week low of $3.18. While it is positive news the stock ended higher, the trading volumes were only 32% of normal which could be an indication of investor uncertainty.

BGFV outperformed the rest of the Consumer Discretionary sector which went up 0.61% today.

Forecasts from 2 analysts indicates that Big 5 Sporting Goods Corporation might go up significantly (51%), while Finbox has calculated (with medium uncertainty) a fair value price of $4.42.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials experienced turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Big 5 Sporting Goods is based in El Segundo. Big 5 Sporting Goods was founded in 1955.

Big 5 Sporting Goods Corporation Info

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports. It also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment. The company sells private label merchandise under its own trademarks comprising Golden Bear, Harsh, Pacifica, and Rugged Exposure; and licensed trademarks, including Beach Feet, Bearpaw, Body Glove, Morrow, and The Realm. As of December 31, 2017, it operated 435 stores and an e-commerce platform under the Big 5 Sporting Goods name. Big 5 Sporting Goods Corporation was founded in 1955 and is headquartered in El Segundo, California.

All amounts in USD unless otherwise indicated
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