a.k.a. Brands' (AKA) Sell (D-) Rating Reaffirmed at Weiss Ratings

a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "sell (d-)" rating reissued by stock analysts at Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

A number of other research firms have also recently weighed in on AKA. Jefferies Financial Group set a $17.00 price target on a.k.a. Brands in a report on Friday, March 7th. Telsey Advisory Group dropped their target price on a.k.a. Brands from $22.00 to $18.00 and set a "market perform" rating on the stock in a report on Friday, March 7th. Finally, Lake Street Capital initiated coverage on a.k.a. Brands in a research note on Monday, December 16th. They issued a "buy" rating and a $30.00 price objective on the stock.

a.k.a. Brands Stock Performance

AKA stock traded up $0.26 during midday trading on Friday, reaching $15.11. The company had a trading volume of 2,616 shares, compared to its average volume of 10,364. The company has a quick ratio of 0.51, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The stock has a 50 day moving average price of $15.47 and a 200 day moving average price of $19.67. The firm has a market capitalization of $161.52 million, a PE ratio of -5.23 and a beta of 1.39. a.k.a. Brands has a fifty-two week low of $8.89 and a fifty-two week high of $33.73.

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a.k.a. Brands (NYSE:AKA - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported ($0.88) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.74). a.k.a. Brands had a negative return on equity of 20.82% and a negative net margin of 5.41%. The company had revenue of $159.02 million for the quarter, compared to the consensus estimate of $158.98 million. Analysts anticipate that a.k.a. Brands will post -1.57 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers lifted its position in shares of a.k.a. Brands by 487.3% in the 4th quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock valued at $73,000 after acquiring an additional 3,236 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of a.k.a. Brands by 103.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock valued at $43,000 after purchasing an additional 1,173 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of a.k.a. Brands by 5.7% in the fourth 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. 55.35% of the stock is currently owned by institutional investors and hedge funds.

About a.k.a. Brands

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.