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Big Lots Inc (BIG) – Don’t Be So Quick to Call it Dead

Big Lots Inc (NYSE: BIG) is -86.91% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $10.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BIG stock was last observed hovering at around $1.02 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.02, the stock is -12.93% and -49.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing 0.00% at the moment leaves the stock -75.66% off its SMA200. BIG registered -89.68% loss for a year compared to 6-month loss of -82.23%.

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The stock witnessed a -36.65% gain in the last 1 month and extending the period to 3 months gives it a -70.69%, and is -6.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.18% over the week and 14.30% over the month.

Big Lots Inc (BIG) has around 30300 employees, a market worth around $30.27M and $4.61B in sales. Profit margin for the company is -10.44%. Distance from 52-week low is 2.00% and -90.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.65%).

The EPS is expected to shrink by -0.99% this year

The shares outstanding are 29.22M, and float is at 28.12M with Short Float at 24.43%.

Big Lots Inc (BIG) Insider Activity

The most recent transaction is an insider purchase by McCormick Christopher J, the company’s Director. SEC filings show that McCormick Christopher J bought 12,000 shares of the company’s common stock on Dec 01 ’23 at a price of $6.29 per share for a total of $75480.0. Following the purchase, the insider now owns 50733.0 shares.

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