StockNews.com Initiates Coverage on Birks Group (NYSE:BGI)

Equities researchers at StockNews.com initiated coverage on shares of Birks Group (NYSE:BGI) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the stock.

Birks Group Stock Performance

Shares of NYSE:BGI opened at $1.60 on Thursday. The stock’s 50 day moving average price is $1.97. Birks Group has a 12 month low of $1.46 and a 12 month high of $4.88.

About Birks Group

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, pearls, and giftware.