JOANN Target of Unusually High Options Trading (NASDAQ:JOAN)

JOANN Inc. (NASDAQ:JOAN) was the recipient of some unusual options trading on Wednesday. Investors purchased 8,243 call options on the company. This is an increase of 1,658% compared to the average daily volume of 469 call options.

JOANN Stock Performance

The firm has a 50-day moving average price of $0.25 and a 200-day moving average price of $0.45. The firm has a market cap of $4.06 million, a PE ratio of -0.02 and a beta of 0.99. JOANN has a 1 year low of $0.08 and a 1 year high of $2.19.

About JOANN

JOANN Inc operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States. The company products in sewing category include cotton fabrics; warm fabrics, such as fleece and flannel fabrics; home decorating and utility fabrics and accessories; fashion and sportswear fabrics; special occasion fabrics; pillow forms; stuffing, batting, and foams; seasonally themed and licensed fabric designs; and sewing construction supplies comprising cutting implements, threads, zippers, trims, tapes, pins, elastic, and buttons, as well as patterns for sewing projects.