Weiss Ratings reissued their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA - Free Report) in a report released on Friday morning,Weiss Ratings reports.
Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group set a $17.00 price target on a.k.a. Brands in a report on Friday, March 7th. Telsey Advisory Group upped their target price on shares of a.k.a. Brands from $9.00 to $10.00 and gave the company a "market perform" rating in a research report on Wednesday, May 14th.
Read Our Latest Stock Report on a.k.a. Brands
a.k.a. Brands Price Performance
a.k.a. Brands stock traded up $0.39 during trading hours on Friday, hitting $10.69. 2,894 shares of the stock were exchanged, compared to its average volume of 10,782. The stock has a market capitalization of $114.54 million, a P/E ratio of -4.47 and a beta of 1.63. The business's 50-day moving average is $11.08 and its two-hundred day moving average is $13.95. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.56 and a current ratio of 1.52. a.k.a. Brands has a 12 month low of $7.00 and a 12 month high of $32.25.
a.k.a. Brands (NYSE:AKA - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported ($0.78) EPS for the quarter, topping the consensus estimate of ($0.95) by $0.17. a.k.a. Brands had a negative return on equity of 19.03% and a negative net margin of 4.33%. Equities research analysts expect that a.k.a. Brands will post -1.57 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in AKA. Rhumbline Advisers grew its stake in shares of a.k.a. Brands by 487.3% during the fourth quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock worth $73,000 after purchasing an additional 3,236 shares during the period. JPMorgan Chase & Co. boosted its holdings in a.k.a. Brands by 103.2% during the fourth quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock worth $43,000 after buying an additional 1,173 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of a.k.a. Brands by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 14,739 shares of the company's stock worth $276,000 after buying an additional 792 shares during the period. Institutional investors and hedge funds own 55.35% of the company's stock.
a.k.a. Brands Company Profile
(
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a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.
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