a.k.a. Brands Holding Corp. (NYSE:AKA – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 13,798 shares, an increase of 79.6% from the June 15th total of 7,683 shares. Based on an average daily volume of 5,555 shares, the short-interest ratio is presently 2.5 days. Currently, 0.2% of the shares of the company are sold short.
a.k.a. Brands Stock Down 1.9%
AKA opened at $10.77 on Friday. The company has a fifty day moving average of $10.10 and a two-hundred day moving average of $10.48. The stock has a market capitalization of $116.53 million, a price-to-earnings ratio of -3.83 and a beta of 1.41. a.k.a. Brands has a fifty-two week low of $8.42 and a fifty-two week high of $16.38. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.55 and a current ratio of 1.19.
a.k.a. Brands (NYSE:AKA – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported ($0.66) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.98) by $0.32. a.k.a. Brands had a negative net margin of 5.00% and a negative return on equity of 23.32%. The business had revenue of $132.46 million for the quarter, compared to analyst estimates of $131.17 million. On average, research analysts expect that a.k.a. Brands will post -1.77 earnings per share for the current year.
Institutional Trading of a.k.a. Brands
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of a.k.a. Brands in a report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $19.00.
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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. It also operates physical stores under the Culture Kings brand. The company was founded in 2018 and is headquartered in San Francisco, California.
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