The Bon-Ton Stores Inc. (BONT) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the services sector during morning trading on September 22. At the lunch break, shares of BONT have tacked on 4.26% to $1.67 after closing the day prior at $1.6. In the first two and a half hours of trading, the stock has gone as high as $1.69 and as low as $1.6. Today’s rise has come with about 8,588 shares changing hands, compared to an average 30-day volume of 99,464 for The Bon-Ton Stores Inc.. The price is currently below the 30-day volume weighted average price of $1.65 for BONT.
The share appreciation gives the company a market capitalization of $34.42 million based upon 21.51 million shares outstanding. It also means that BONT has a price-to-book ratio of 0.93:1.
In the past 52 weeks, shares of BONT have traded as low as $1.1 and as high as $4.2. Technical traders will take note that at $1.67, shares of BONT are trading below their 200-day MA at $1.82 and above their 50-day MA at $1.58. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is BONT?
Bon-Ton Stores Inc is a department store operator offering an assortment of brand-name fashion apparel and accessories for women, men and children as well as cosmetics, home furnishings and other goods. The company’s 24100 employees are led by CEO Kathryn Bufano from the corporate headquarters at 2801 East Market Street in York, PA.
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