StockNews.com started coverage on shares of Birks Group (NYSEAMERICAN:BGI – Free Report) in a report issued on Thursday morning. The brokerage issued a sell rating on the stock.
Birks Group Trading Down 1.5 %
Shares of BGI stock opened at $2.51 on Thursday. Birks Group has a 52-week low of $2.34 and a 52-week high of $10.02.
Hedge Funds Weigh In On Birks Group
A hedge fund recently raised its stake in Birks Group stock. Ingalls & Snyder LLC grew its holdings in shares of Birks Group Inc. (NYSEAMERICAN:BGI – Free Report) by 70.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,000 shares of the company’s stock after purchasing an additional 7,000 shares during the period. Ingalls & Snyder LLC owned approximately 0.09% of Birks Group worth $80,000 at the end of the most recent quarter. 0.22% of the stock is owned by institutional investors and hedge funds.
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, and pearls.
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