Bowlero Corp. (NYSE:BOWL - Get Free Report) shares fell 1.1% during mid-day trading on Monday . The company traded as low as $9.47 and last traded at $9.47. 118,006 shares changed hands during trading, a decline of 80% from the average session volume of 583,815 shares. The stock had previously closed at $9.58.
Bowlero Price Performance
The company has a market capitalization of $1.46 billion, a P/E ratio of -16.25 and a beta of 0.70. The stock has a 50-day moving average price of $9.71 and a 200-day moving average price of $9.74.
Hedge Funds Weigh In On Bowlero
An institutional investor recently bought a new position in Bowlero stock. Deutsche Bank AG acquired a new position in shares of Bowlero Corp. (NYSE:BOWL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,053 shares of the company's stock, valued at approximately $47,000. 68.11% of the stock is currently owned by hedge funds and other institutional investors.
Bowlero Company Profile
(
Get Free Report)
Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.
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