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

Weiss Ratings restated their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA) in a report published on Wednesday morning,Weiss Ratings reports.

Several other analysts have also commented on AKA. Lake Street Capital assumed coverage on shares of a.k.a. Brands in a research report on Monday, December 16th. They set a “buy” rating and a $30.00 price target for the company. Telsey Advisory Group decreased 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.

a.k.a. Brands Stock Up 0.4 %

Shares of a.k.a. Brands stock opened at $16.92 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 0.51. a.k.a. Brands has a 1 year low of $7.22 and a 1 year high of $33.73. The firm’s 50-day moving average is $18.04 and its two-hundred day moving average is $20.85. The stock has a market cap of $179.98 million, a price-to-earnings ratio of -5.85 and a beta of 1.37.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AKA. JPMorgan Chase & Co. raised its holdings in a.k.a. Brands by 103.2% in the 4th quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company’s stock valued at $43,000 after buying an additional 1,173 shares during the period. Geode Capital Management LLC grew its position in a.k.a. Brands by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 14,739 shares of the company’s stock valued at $276,000 after acquiring an additional 792 shares in the last quarter. Finally, Rhumbline Advisers grew its position in a.k.a. Brands by 487.3% in the 4th quarter. Rhumbline Advisers now owns 3,900 shares of the company’s stock valued at $73,000 after acquiring an additional 3,236 shares in the last quarter. Hedge funds and other institutional investors own 55.35% of the company’s stock.

About a.k.a. Brands

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.