a.k.a. Brands (NYSE:AKA) Earns Sell (D-) Rating from Weiss Ratings

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

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

a.k.a. Brands Stock Performance

NYSE:AKA opened at $18.00 on Friday. a.k.a. Brands has a fifty-two week low of $7.22 and a fifty-two week high of $33.73. The firm’s 50 day moving average is $19.84 and its two-hundred day moving average is $20.73. The company has a market cap of $191.52 million, a P/E 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.

Institutional Inflows and Outflows

An institutional investor recently raised its position in a.k.a. Brands stock. Renaissance Technologies LLC increased its position in a.k.a. Brands Holding Corp. (NYSE:AKA) by 11.4% in the second quarter, according to its most recent 13F filing with the SEC. 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 about 0.29% of a.k.a. Brands worth $463,000 at the end of the most recent reporting period. 55.35% of the stock is 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.