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 reiterated by equities researchers at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

A number of other equities research analysts have also recently weighed in on the stock. Lake Street Capital started coverage on shares of a.k.a. Brands in a research report on Monday, December 16th. They set a “buy” rating and a $30.00 price target for the company. Telsey Advisory Group dropped their target price on shares of 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.

a.k.a. Brands Trading Up 5.9 %

Shares of a.k.a. Brands stock traded up $1.00 during trading hours on Friday, hitting $18.00. The company’s stock 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. a.k.a. Brands has a twelve month low of $7.22 and a twelve month high of $33.73. The firm has a fifty day moving average of $19.84 and a 200-day moving average of $20.69. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.51 and a current ratio of 1.58.

Institutional Inflows and Outflows

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) by 11.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,369 shares of the company’s stock after acquiring an additional 3,100 shares during the period. Renaissance Technologies LLC owned about 0.29% of a.k.a. Brands worth $463,000 as of its most recent SEC filing. 55.35% of the stock is currently owned by institutional investors and hedge funds.

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.