News coverage about bebe stores (NASDAQ:BEBE) has trended positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. bebe stores earned a news sentiment score of 0.44 on Accern’s scale. Accern also gave news articles about the company an impact score of 42.2113879003559 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of bebe stores (BEBE) remained flat at $$6.46 during midday trading on Wednesday. 547 shares of the stock traded hands, compared to its average volume of 10,730. bebe stores has a one year low of $3.02 and a one year high of $9.50. The company has a market cap of $77.77, a PE ratio of -2.27 and a beta of 3.22.
In related news, insider Manny Mashouf sold 250,000 shares of the business’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $6.00, for a total transaction of $1,500,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 59.00% of the stock is owned by insiders.
bebe stores, inc. designs, develops and produces a range of contemporary women’s apparel and accessories. The Company’s product offering includes a range of separates, tops, dresses, active wear and accessories for a range of occasions. It designs and develops its merchandise in-house, which is manufactured to its specifications and it also sources directly from third-party manufacturers.
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