APRN - Watch for Continued Losses in Shares of Blue Apron Holdings Inc. Class A (APRN)

Blue Apron Holdings Inc. Class A (NYSE:APRN) traded at a new 52-week low today of $3.55. So far today approximately 465,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

In the past 52 weeks, Blue Apron Holdings Inc. Class A share prices are bracketed by a current low of $3.55 and a high of $14.83 and is now at $3.78.

Blue Apron Holdings Inc. Class A has overhead space with shares priced $3.78, or 17.1% below the average consensus analyst price target of $4.56.

Blue Apron Holdings Inc is a United States-based company involved in discovering new recipes, ingredients, and cooking techniques to prepare meals which are sent along with fresh, seasonal ingredients, directly to customers. The company offers its customers two flexible plans, 2?Serving Plan and 4-Serving Plan. Its recipes are accompanied by printed and digital content, including how-to-cook instructions and the stories of its suppliers and specialty ingredients. The company also sells wine, cooking tools, utensils, and pantry items.

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