thinkandpick
Nov 7, 7:16 AM
$BARK $CHWY $FRPT $ZTS $ELAN Pet stocks. Debt-free, cash-rich BARK at
$8 per share was DEEPLY OVERSOLD, based on all the key technical indicators. BARK's MA 200 (The 200-day moving average) is at
$10.50 per share.
So debt-free, cash-rich BARK can go up A LOT in the next days, thanks only to technical analysis.
Additional bullish factors for debt-free, cash-rich BARK are:
- BARK has insanely low valuation, with its Enterprise Value being ONLY 0.1 times its Revenue.
- BARK announced good Q2 results and positive outlook, with further improvement in Q3 and Q4, according to the guidance.
All these facts can push BARK to
$15 -
$20 per share in the next months: https://www.businesswire.com/news/home/20261105146354/en/BARK-Reports-Fiscal-Second-Quarter-2027-Results
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