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

Weiss Ratings reaffirmed their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA) in a research report sent to investors on Saturday,Weiss Ratings reports.

AKA has been the subject of several other research reports. Lake Street Capital began coverage on shares of a.k.a. Brands in a research report on Monday, December 16th. They issued a “buy” rating and a $30.00 price target for the company. Telsey Advisory Group reduced their target price 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 Price Performance

NYSE AKA opened at $15.70 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. a.k.a. Brands has a 1 year low of $7.22 and a 1 year high of $33.73. The company has a market cap of $167.04 million, a PE ratio of -5.43 and a beta of 1.37. The stock’s 50-day moving average price is $19.03 and its two-hundred day moving average price is $20.78.

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

An institutional investor recently raised its position in a.k.a. Brands stock. Rhumbline Advisers raised its position in a.k.a. Brands Holding Corp. (NYSE:AKA) by 487.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,900 shares of the company’s stock after purchasing an additional 3,236 shares during the quarter. Rhumbline Advisers’ holdings in a.k.a. Brands were worth $73,000 at the end of the most recent quarter. 55.35% of the stock is currently 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.