Weiss Ratings reissued their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA - Free Report) in a research report sent to investors on Saturday morning,Weiss Ratings reports.
Separately, Telsey Advisory Group raised their price target 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.
View Our Latest Analysis on a.k.a. Brands
a.k.a. Brands Stock Up 0.3%
Shares of NYSE AKA traded up $0.03 on Friday, reaching $11.05. 1,077 shares of the company's stock traded hands, compared to its average volume of 10,674. a.k.a. Brands has a 12 month low of $7.00 and a 12 month high of $32.25. The business's 50 day simple moving average is $11.94 and its two-hundred day simple moving average is $13.23. The company has a market cap of $118.46 million, a price-to-earnings ratio of -4.62 and a beta of 1.63. The company has a quick ratio of 0.56, a current ratio of 1.52 and a debt-to-equity ratio of 1.01.
a.k.a. Brands (NYSE:AKA - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported ($0.78) earnings per share for the quarter, beating the consensus estimate of ($0.95) by $0.17. a.k.a. Brands had a negative net margin of 4.33% and a negative return on equity of 19.03%. As a group, equities research analysts forecast that a.k.a. Brands will post -1.57 EPS for the current fiscal year.
Institutional Investors Weigh In On a.k.a. Brands
An institutional investor recently raised its position in a.k.a. Brands stock. JPMorgan Chase & Co. boosted its stake in a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) by 103.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,310 shares of the company's stock after purchasing an additional 1,173 shares during the period. JPMorgan Chase & Co.'s holdings in a.k.a. Brands were worth $43,000 at the end of the most recent quarter. 55.35% of the stock is owned by hedge funds and other institutional investors.
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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