Birks Group (NYSEAMERICAN:BGI) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Birks Group (NYSEAMERICAN:BGI) in a report released on Monday. The firm issued a sell rating on the stock.

Birks Group Stock Performance

Birks Group stock opened at $2.99 on Monday. Birks Group has a fifty-two week low of $2.07 and a fifty-two week high of $9.93.

Institutional Investors Weigh In On Birks Group

An institutional investor recently raised its position in Birks Group stock. Ingalls & Snyder LLC lifted its holdings in Birks Group Inc. (NYSEAMERICAN:BGI) by 70.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,000 shares of the company’s stock after buying an additional 7,000 shares during the period. Ingalls & Snyder LLC owned about 0.09% of Birks Group worth $80,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.22% of the company’s stock.

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.