a.k.a. Brands (NYSE:AKA) Stock Price Down 0.3% – Should You Sell?

a.k.a. Brands Holding Corp. (NYSE:AKA) shares were down 0.3% during trading on Thursday. The stock traded as low as $10.50 and last traded at $10.85. 793 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 2,880 shares. The stock had previously closed at $10.88.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of a.k.a. Brands in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $19.00.

a.k.a. Brands Price Performance

The stock has a market capitalization of $119.25 million, a P/E ratio of -4.37 and a beta of 1.38. The stock’s fifty day moving average is $10.91 and its two-hundred day moving average is $10.47. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.11 and a quick ratio of 0.40.

a.k.a. Brands (NYSE:AKA) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.34. The business had revenue of $160.07 million during the quarter, compared to analyst estimates of $162.62 million. a.k.a. Brands had a negative return on equity of 20.93% and a negative net margin of 4.43%. As a group, research analysts predict that a.k.a. Brands Holding Corp. will post -1.73 earnings per share for the current fiscal year.

About a.k.a. Brands

a.k.a. Brands Holding Corp. is a digitally focused fashion company that develops, acquires and operates a portfolio of brands targeting primarily Gen Z and millennial consumers. Its businesses offer trend-driven apparel, footwear, accessories and beauty products through e-commerce platforms and, in some cases, physical retail locations.

The company’s brand portfolio has included Princess Polly, an online women’s fashion retailer; Culture Kings, a streetwear and lifestyle retailer; Petal & Pup, a women’s apparel and accessories brand; and other digitally native fashion labels.