BARK (NYSE:BARK) Earns Sell (D-) Rating from Weiss Ratings

BARK (NYSE:BARK)‘s stock had its “sell (d-)” rating reissued by equities researchers at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded BARK from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $2.63.

BARK Trading Up 8.2%

BARK stock opened at $0.85 on Wednesday. The company has a market capitalization of $144.06 million, a PE ratio of -4.99 and a beta of 1.86. BARK has a 12-month low of $0.77 and a 12-month high of $2.56. The business’s fifty day moving average price is $0.84 and its 200 day moving average price is $1.02.

Institutional Investors Weigh In On BARK

Several large investors have recently bought and sold shares of BARK. Byrne Asset Management LLC purchased a new stake in BARK during the 2nd quarter worth about $30,000. Brevan Howard Capital Management LP purchased a new stake in BARK during the 2nd quarter worth about $32,000. CWM LLC increased its holdings in BARK by 100.1% during the 2nd quarter. CWM LLC now owns 42,221 shares of the company’s stock worth $37,000 after purchasing an additional 21,118 shares during the period. R Squared Ltd increased its holdings in BARK by 195.5% during the 2nd quarter. R Squared Ltd now owns 47,873 shares of the company’s stock worth $42,000 after purchasing an additional 31,673 shares during the period. Finally, Cerity Partners LLC increased its holdings in BARK by 58.1% during the 2nd quarter. Cerity Partners LLC now owns 55,405 shares of the company’s stock worth $49,000 after purchasing an additional 20,359 shares during the period. Hedge funds and other 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.