a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "sell (d-)" rating reissued by equities researchers at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.
A number of other brokerages also recently issued reports on AKA. Lake Street Capital began coverage on a.k.a. Brands in a research report on Monday, December 16th. They set a "buy" rating and a $30.00 price objective for the company. Telsey Advisory Group decreased their target price 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.
Get Our Latest Stock Analysis on AKA
a.k.a. Brands Trading Up 2.5 %
a.k.a. Brands stock traded up $0.44 during midday trading on Friday, hitting $17.79. 15,403 shares of the stock were exchanged, compared to its average volume of 14,596. The stock's 50-day simple moving average is $18.79 and its 200 day simple moving average is $20.74. The stock has a market capitalization of $189.23 million, a price-to-earnings ratio of -6.15 and a beta of 1.37. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. a.k.a. Brands has a fifty-two week low of $7.22 and a fifty-two week high of $33.73.
Institutional Investors Weigh In On a.k.a. Brands
An institutional investor recently raised its position in a.k.a. Brands stock. Renaissance Technologies LLC boosted its position in shares of a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) by 11.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,369 shares of the company's stock after buying an additional 3,100 shares during the period. Renaissance Technologies LLC owned 0.29% of a.k.a. Brands worth $463,000 as of its most recent SEC filing. Institutional investors own 55.35% of the company's stock.
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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