Bowlero (NYSE:BOWL) Stock Price Up 1.3% – Here’s What Happened

Bowlero Corp. (NYSE:BOWLGet Free Report)’s stock price shot up 1.3% during mid-day trading on Friday . The company traded as high as $8.26 and last traded at $8.08. 376,326 shares traded hands during trading, a decline of 36% from the average session volume of 583,815 shares. The stock had previously closed at $7.98.

Bowlero Stock Down 0.4%

The company’s 50-day moving average price is $9.52 and its 200-day moving average price is $9.56. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -13.20 and a beta of 0.70.

Bowlero Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.7%. Bowlero’s dividend payout ratio (DPR) is presently -36.07%.

About Bowlero

(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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