a.k.a. Brands (NYSE:AKA) Given Sell (D-) Rating at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA) in a research note published on Saturday morning,Weiss Ratings reports.

A number of other research firms also recently commented on AKA. Lake Street Capital assumed coverage on a.k.a. Brands in a research report on Monday, December 16th. They issued a “buy” rating and a $30.00 target price on the stock. Telsey Advisory Group decreased their target price 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 Price Performance

NYSE:AKA opened at $15.70 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $167.04 million, a P/E ratio of -5.43 and a beta of 1.37. a.k.a. Brands has a 12 month low of $7.22 and a 12 month high of $33.73. The business’s 50-day moving average is $19.03 and its 200 day moving average is $20.78.

Institutional Investors Weigh In On a.k.a. Brands

An institutional investor recently raised its position in a.k.a. Brands stock. Rhumbline Advisers raised its stake in shares of a.k.a. Brands Holding Corp. (NYSE:AKA) by 487.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,900 shares of the company’s stock after purchasing an additional 3,236 shares during the period. Rhumbline Advisers’ holdings in a.k.a. Brands were worth $73,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 55.35% of the stock is owned by hedge funds and other institutional investors.

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.