a.k.a. Brands Holding Corp. (NYSE:AKA – Get Free Report) saw a large decrease in short interest in June. As of June 30th, there was short interest totalling 46,900 shares, a decrease of 25.0% from the June 15th total of 62,500 shares. Based on an average daily trading volume, of 10,300 shares, the short-interest ratio is presently 4.6 days.
Analyst Ratings Changes
Separately, Telsey Advisory Group raised their price objective on a.k.a. Brands from $11.00 to $22.00 and gave the stock a “market perform” rating in a research note on Thursday, May 9th.
Get Our Latest Stock Report on AKA
a.k.a. Brands Stock Performance
a.k.a. Brands (NYSE:AKA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.85) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.57) by ($0.28). The firm had revenue of $116.84 million during the quarter, compared to analysts’ expectations of $109.39 million. a.k.a. Brands had a negative return on equity of 17.80% and a negative net margin of 18.11%. On average, equities research analysts expect that a.k.a. Brands will post -1.21 earnings per share for the current fiscal year.
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.
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