a.k.a. Brands’ (AKA) “Sell (D-)” Rating Reaffirmed at Weiss Ratings

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

A number of other brokerages also recently weighed in on AKA. Jefferies Financial Group set a $17.00 target price on shares of a.k.a. Brands in a research note on Friday, March 7th. Telsey Advisory Group lifted their target price on shares of a.k.a. Brands from $9.00 to $10.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 14th.

a.k.a. Brands Price Performance

AKA stock opened at $13.06 on Wednesday. a.k.a. Brands has a 52-week low of $7.00 and a 52-week high of $32.25. The company has a fifty day moving average price of $10.68 and a 200-day moving average price of $14.93. The company has a market capitalization of $139.88 million, a P/E ratio of -4.52 and a beta of 1.72. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.51 and a current ratio of 1.58.

a.k.a. Brands (NYSE:AKA) last announced its earnings results on Tuesday, May 13th. The company reported ($0.78) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.17. a.k.a. Brands had a negative net margin of 5.41% and a negative return on equity of 20.82%. As a group, equities analysts expect that a.k.a. Brands will post -1.57 EPS for the current year.

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

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in a.k.a. Brands by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 14,739 shares of the company’s stock worth $276,000 after purchasing an additional 792 shares during the period. JPMorgan Chase & Co. grew its holdings in a.k.a. Brands by 103.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company’s stock worth $43,000 after purchasing an additional 1,173 shares during the period. Finally, Rhumbline Advisers grew its holdings in a.k.a. Brands by 487.3% in the fourth quarter. Rhumbline Advisers now owns 3,900 shares of the company’s stock worth $73,000 after purchasing an additional 3,236 shares during the period. 55.35% of the stock is currently 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.