Shares of Build-A-Bear Workshop Under Pressure, Down 3.5%

Published on Wed, 01/04/2012 - 11:11
By Robert Cotter in Market movers, BBW, build-a-bear workshop, market movers, nyse:bbw

Build-A-Bear Workshop (NYSE:BBW), a company whose shares are moving quickly, is trading 3.5% lower to $8.00. The Dow Jones Industrial Average is now trading 0.3% lower to 12,361 and the S&P is trading 0.4% lower to 1,271.

Build-A-Bear Workshop, Inc. is an interactive, entertainment mall-based retailer that invites guests to create their own customized stuffed animals through a bear-making process. The Company operates various locations in the United States and other countries.

Over the past year, Build-A-Bear Workshop has traded in a range of $4.37 to $8.80 and is now at $8.00, 83% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has risen 0.3%.

Build-A-Bear Workshop (NYSE:BBW) has potential upside of 25.0% based on a current price of $8.00 and analysts' consensus price target of $10.00. The stock should find initial support at its 50-day moving average (MA) of $7.73 and further support at its 200-day MA of $6.39.

By Robert Cotter
rcotter@fnno.com
video platform video management video solutions video player {SEO}

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