a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by stock analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.
Separately, Telsey Advisory Group raised their target price on a.k.a. Brands from $9.00 to $10.00 and gave the stock a "market perform" rating in a report on Wednesday, May 14th.
Read Our Latest Stock Report on a.k.a. Brands
a.k.a. Brands Stock Performance
AKA stock opened at $10.95 on Friday. The stock has a market capitalization of $117.33 million, a PE ratio of -4.58 and a beta of 1.63. a.k.a. Brands has a 12-month low of $7.00 and a 12-month high of $32.25. The company has a current ratio of 1.52, a quick ratio of 0.56 and a debt-to-equity ratio of 1.01. The stock's 50 day simple moving average is $11.63 and its 200 day simple moving average is $13.37.
a.k.a. Brands (NYSE:AKA - Get Free Report) last released 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 return on equity of 19.03% and a negative net margin of 4.33%. As a group, research analysts forecast that a.k.a. Brands will post -1.57 earnings per share for the current fiscal year.
Institutional Trading of a.k.a. Brands
A hedge fund recently raised its stake in a.k.a. Brands stock. JPMorgan Chase & Co. boosted its holdings in shares of a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) by 103.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,310 shares of the company's stock after buying an additional 1,173 shares during the quarter. JPMorgan Chase & Co.'s holdings in a.k.a. Brands were worth $43,000 as of its most recent SEC filing. Institutional investors own 55.35% of the company's stock.
About a.k.a. Brands
(
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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.
Further Reading
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