a.k.a. Brands (NYSE:AKA) Given “Sell (D-)” Rating at Weiss Ratings

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

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

a.k.a. Brands Stock Up 5.9 %

NYSE AKA traded up $1.00 on Friday, hitting $18.00. 35,563 shares of the stock were exchanged, compared to its average volume of 6,694. The company has a market cap of $191.52 million, a PE ratio of -6.23 and a beta of 1.40. The company has a 50-day moving average price of $19.84 and a 200-day moving average price of $20.69. a.k.a. Brands has a fifty-two week low of $7.22 and a fifty-two week high of $33.73. 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 raised its holdings in a.k.a. Brands Holding Corp. (NYSE:AKA) by 11.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,369 shares of the company’s stock after acquiring an additional 3,100 shares during the quarter. Renaissance Technologies LLC owned 0.29% of a.k.a. Brands worth $463,000 as of its most recent filing with the SEC. 55.35% of the stock is owned by institutional investors.

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.