a.k.a. Brands (NYSE:AKA) Given "Market Perform" Rating at Telsey Advisory Group

a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "market perform" rating restated by research analysts at Telsey Advisory Group in a research note issued to investors on Friday,Benzinga reports. They presently have a $22.00 price target on the stock. Telsey Advisory Group's price objective points to a potential upside of 48.10% from the company's previous close.

A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of a.k.a. Brands in a report on Wednesday, February 19th. Lake Street Capital initiated coverage on shares of a.k.a. Brands in a report on Monday, December 16th. They set a "buy" rating and a $30.00 target price for the company.

a.k.a. Brands Price Performance

Shares of NYSE:AKA traded up $0.73 during trading on Friday, reaching $14.86. The company had a trading volume of 16,867 shares, compared to its average volume of 16,646. a.k.a. Brands has a twelve month low of $7.22 and a twelve month high of $33.73. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.51 and a current ratio of 1.58. The firm has a market capitalization of $158.06 million, a PE ratio of -5.14 and a beta of 1.37. The firm's fifty day moving average is $17.20 and its 200 day moving average is $20.73.

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Hedge Funds Weigh In On a.k.a. Brands

A number of institutional investors have recently bought and sold shares of AKA. JPMorgan Chase & Co. increased its position 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 worth $43,000 after acquiring an additional 1,173 shares in the last quarter. Geode Capital Management LLC boosted its stake in a.k.a. Brands by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 14,739 shares of the company's stock worth $276,000 after purchasing an additional 792 shares during the period. Finally, Rhumbline Advisers grew its position in a.k.a. Brands by 487.3% during the 4th quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock worth $73,000 after purchasing an additional 3,236 shares in the last quarter. Hedge funds and other institutional investors own 55.35% of the company's stock.

a.k.a. Brands Company Profile

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.