PLBY Group (NASDAQ:PLBY) Coverage Initiated by Analysts at Roth Mkm

Equities research analysts at Roth Mkm assumed coverage on shares of PLBY Group (NASDAQ:PLBY - Get Free Report) in a research note issued on Friday, Marketbeat reports. The firm set a "buy" rating and a $3.00 price target on the stock. Roth Mkm's price objective points to a potential upside of 50.38% from the company's previous close.

PLBY Group Stock Up 7.3 %

Shares of NASDAQ:PLBY traded up $0.14 on Friday, hitting $2.00. 489,392 shares of the company's stock were exchanged, compared to its average volume of 907,965. PLBY Group has a 1-year low of $0.52 and a 1-year high of $2.44. The company has a market capitalization of $179.45 million, a PE ratio of -2.08 and a beta of 2.28. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.44 and a current ratio of 1.44. The firm's 50-day moving average is $1.59 and its 200 day moving average is $1.07.

PLBY Group (NASDAQ:PLBY - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.32). PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The business had revenue of $12.86 million during the quarter.

Institutional Investors Weigh In On PLBY Group

A hedge fund recently bought a new stake in PLBY Group stock. J2 Capital Management Inc bought a new stake in PLBY Group, Inc. (NASDAQ:PLBY - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 29,400 shares of the company's stock, valued at approximately $43,000. 32.46% of the stock is owned by institutional investors.

PLBY Group Company Profile

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.