Weiss Ratings restated their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA - Free Report) in a report published on Wednesday,Weiss Ratings reports.
AKA has been the subject of a number of other research reports. Telsey Advisory Group reduced their price target on a.k.a. Brands from $28.00 to $22.00 and set a "market perform" rating for the company in a report on Tuesday, January 14th. Lake Street Capital assumed coverage on a.k.a. Brands in a report on Monday, December 16th. They issued a "buy" rating and a $30.00 price target for the company.
Check Out Our Latest Stock Analysis on AKA
a.k.a. Brands Price Performance
NYSE AKA traded up $0.25 during trading hours on Wednesday, reaching $17.74. The company's stock had a trading volume of 12,707 shares, compared to its average volume of 14,625. The firm has a market capitalization of $188.75 million, a price-to-earnings ratio of -6.14 and a beta of 1.37. a.k.a. Brands has a 1-year low of $7.22 and a 1-year high of $33.73. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 0.51. The company's 50-day moving average is $17.99 and its two-hundred day moving average is $20.82.
Hedge Funds Weigh In On a.k.a. Brands
Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of a.k.a. Brands by 103.2% during the fourth quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock valued at $43,000 after acquiring an additional 1,173 shares during the last quarter. Rhumbline Advisers grew its position in shares of a.k.a. Brands by 487.3% in the fourth quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock valued at $73,000 after purchasing an additional 3,236 shares in the last quarter. Finally, Geode Capital Management LLC grew 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 valued at $276,000 after purchasing an additional 792 shares in the last quarter. 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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