a.k.a. Brands Holding Corp. (NYSE:AKA - Get Free Report) shares were down 6.6% on Tuesday . The stock traded as low as $9.42 and last traded at $9.48. Approximately 7,517 shares were traded during trading, an increase of 126% from the average daily volume of 3,323 shares. The stock had previously closed at $10.15.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on AKA shares. Telsey Advisory Group increased their price target on shares of a.k.a. Brands from $10.00 to $13.00 and gave the company a "market perform" rating in a research report on Thursday, August 7th. Weiss Ratings reissued a "sell (d-)" rating on shares of a.k.a. Brands in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $20.00.
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a.k.a. Brands Stock Performance
The company has a current ratio of 1.32, a quick ratio of 0.54 and a debt-to-equity ratio of 0.88. The company's 50 day moving average is $10.69 and its 200-day moving average is $11.11. The company has a market capitalization of $102.80 million, a P/E ratio of -3.78 and a beta of 1.60.
a.k.a. Brands (NYSE:AKA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.46) by $0.12. The company had revenue of $160.52 million during the quarter, compared to analyst estimates of $155.82 million. a.k.a. Brands had a negative net margin of 4.48% and a negative return on equity of 21.06%. Equities analysts anticipate that a.k.a. Brands Holding Corp. will post -1.57 EPS for the current fiscal year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in a.k.a. Brands stock. Bridgeway Capital Management LLC bought a new position in a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,475 shares of the company's stock, valued at approximately $118,000. Bridgeway Capital Management LLC owned about 0.11% of a.k.a. Brands as of its most recent filing with the Securities & Exchange Commission. 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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