a.k.a. Brands Holding Corp. (NYSE:AKA - Get Free Report) traded up 4.1% during mid-day trading on Friday . The stock traded as high as $22.61 and last traded at $22.24. 4,341 shares traded hands during trading, a decline of 51% from the average session volume of 8,803 shares. The stock had previously closed at $21.36.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Telsey Advisory Group upped their price target on shares of a.k.a. Brands from $25.00 to $28.00 and gave the company a "market perform" rating in a research report on Friday, November 8th. Truist Financial cut their price target on shares of a.k.a. Brands from $22.00 to $20.00 and set a "hold" rating for the company in a research report on Friday, August 9th.
Check Out Our Latest Stock Report on a.k.a. Brands
a.k.a. Brands Trading Up 4.1 %
The company has a market capitalization of $236.64 million, a P/E ratio of -7.70 and a beta of 1.41. The stock's 50 day moving average is $22.65 and its 200-day moving average is $20.10. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 0.51.
Hedge Funds Weigh In On a.k.a. Brands
A hedge fund recently raised its stake in a.k.a. Brands stock. Renaissance Technologies LLC lifted its stake in a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) by 11.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,369 shares of the company's stock after purchasing an additional 3,100 shares during the quarter. Renaissance Technologies LLC owned about 0.29% of a.k.a. Brands worth $463,000 as of its most recent filing with the Securities & Exchange Commission. 55.35% of the stock is owned by institutional investors.
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.
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