StockNews.com began coverage on shares of Birks Group (NYSEAMERICAN:BGI – Free Report) in a report issued on Saturday morning. The brokerage issued a sell rating on the stock.
Birks Group Price Performance
Shares of NYSEAMERICAN:BGI opened at $2.68 on Friday. Birks Group has a 52 week low of $2.40 and a 52 week high of $10.02.
Institutional Investors Weigh In On Birks Group
A hedge fund recently raised its stake in Birks Group stock. Ingalls & Snyder LLC increased its stake in shares of Birks Group Inc. (NYSEAMERICAN:BGI – Free Report) by 70.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 0.09% of Birks Group worth $80,000 as of its most recent SEC filing. 0.22% of the stock is currently owned by hedge funds and other institutional investors.
Birks Group Company Profile
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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