ValuEngine upgraded shares of The Bon-Ton Stores (OTCMKTS:BONT) from a strong sell rating to a sell rating in a report issued on Friday morning.
Shares of The Bon-Ton Stores (OTCMKTS BONT) opened at $0.43 on Friday. The Bon-Ton Stores has a fifty-two week low of $0.31 and a fifty-two week high of $1.90. The company has a current ratio of 2.15, a quick ratio of 0.26 and a debt-to-equity ratio of -8.83.
A hedge fund recently raised its stake in The Bon-Ton Stores stock. Goldman Sachs Group Inc. boosted its holdings in shares of The Bon-Ton Stores, Inc. (OTCMKTS:BONT) by 7.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 119,891 shares of the company’s stock after acquiring an additional 8,705 shares during the quarter. Goldman Sachs Group Inc. owned about 0.55% of The Bon-Ton Stores worth $101,000 at the end of the most recent quarter. 16.79% of the stock is owned by institutional investors.
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About The Bon-Ton Stores
The Bon-Ton Stores, Inc is a department store operator. The Company operates through two segments: stores and eCommerce (its Internet Websites). The Company offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in over 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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