Birks Group (NYSEAMERICAN:BGI) Now Covered by StockNews.com

Equities researchers at StockNews.com started coverage on shares of Birks Group (NYSEAMERICAN:BGI) in a report issued on Tuesday. The brokerage set a “sell” rating on the stock.

Birks Group Stock Up 1.8 %

Shares of NYSEAMERICAN:BGI opened at $2.50 on Tuesday. Birks Group has a 1 year low of $2.07 and a 1 year high of $5.56.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Birks Group stock. Ingalls & Snyder LLC grew its stake in shares of Birks Group Inc. (NYSEAMERICAN:BGI) by 70.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,000 shares of the company’s stock after buying an additional 7,000 shares during the period. Ingalls & Snyder LLC owned approximately 0.09% of Birks Group worth $80,000 as of its most recent filing with the SEC. 0.22% of the stock is owned by hedge funds and other institutional investors.

Birks Group Company Profile

Birks Group Inc designs, develops, manufactures, and retails fine jewelry, timepieces, sterling and plated silverware, and gifts in the United States and Canada. The company operates through two segments, Retail and Other. It offers various merchandise, including designer jewelry, diamonds, gemstone and precious metal jewelry, rings, wedding bands, earrings, bracelets, necklaces, precious gemstones, gold jewelry, and pearls.