a.k.a. Brands’ (AKA) Sell (D-) Rating Reiterated at Weiss Ratings

a.k.a. Brands (NYSE:AKA)‘s stock had its “sell (d-)” rating restated by stock analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Several other equities research analysts have also commented on the stock. Lake Street Capital began coverage on shares of a.k.a. Brands in a research note on Monday, December 16th. They set a “buy” rating and a $30.00 price target on the stock. Telsey Advisory Group cut their price target on a.k.a. Brands from $28.00 to $22.00 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th.

a.k.a. Brands Stock Up 5.9 %

a.k.a. Brands stock traded up $1.00 during mid-day trading on Friday, hitting $18.00. The company had a trading volume of 35,563 shares, compared to its average volume of 6,694. The stock has a market cap of $191.52 million, a price-to-earnings ratio of -6.23 and a beta of 1.40. The company has a quick ratio of 0.51, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. a.k.a. Brands has a 1 year low of $7.22 and a 1 year high of $33.73. The business has a fifty day moving average of $19.84 and a 200 day moving average of $20.69.

Institutional Trading of a.k.a. Brands

A hedge fund recently raised its stake in a.k.a. Brands stock. Renaissance Technologies LLC grew its stake in a.k.a. Brands Holding Corp. (NYSE:AKA) by 11.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,369 shares of the company’s stock after purchasing an additional 3,100 shares during the period. Renaissance Technologies LLC owned approximately 0.29% of a.k.a. Brands worth $463,000 at the end of the most recent reporting period. Institutional investors own 55.35% of the company’s stock.

About a.k.a. Brands

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.