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Bowlero (NYSE:BOWL) Shares Down 0.1% - Time to Sell?

Bowlero logo with Consumer Discretionary background

Bowlero Corp. (NYSE:BOWL - Get Free Report)'s share price was down 0.1% on Friday . The company traded as low as $10.07 and last traded at $10.20. Approximately 378,556 shares were traded during trading, a decline of 35% from the average daily volume of 580,426 shares. The stock had previously closed at $10.21.

Bowlero Price Performance

The company's 50 day moving average is $9.30 and its two-hundred day moving average is $9.76. The firm has a market cap of $1.48 billion, a P/E ratio of -16.51 and a beta of 0.70.

Institutional Investors Weigh In On Bowlero

An institutional investor recently bought a new position in Bowlero stock. Deutsche Bank AG bought a new position in shares of Bowlero Corp. (NYSE:BOWL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,053 shares of the company's stock, valued at approximately $47,000. 68.11% of the stock is currently owned by 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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