Stock Traders Purchase High Volume of Call Options on JOANN (NASDAQ:JOAN)

JOANN Inc. (NASDAQ:JOAN) was the recipient of unusually large options trading activity on Wednesday. Stock traders bought 8,243 call options on the company. This is an increase of approximately 1,658% compared to the typical volume of 469 call options.

JOANN Stock Performance

The firm has a market capitalization of $4.06 million, a P/E ratio of -0.02 and a beta of 0.99. The stock has a 50 day simple moving average of $0.25 and a two-hundred day simple moving average of $0.45. JOANN has a 1-year low of $0.08 and a 1-year high of $2.19.

JOANN Company Profile

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.