StockNews.com initiated coverage on shares of Birks Group (NYSEAMERICAN:BGI – Free Report) in a research report sent to investors on Friday. The firm issued a sell rating on the stock.
Birks Group Stock Performance
NYSEAMERICAN BGI opened at $2.70 on Friday. Birks Group has a one year low of $2.40 and a one year high of $10.02.
Institutional Trading of Birks Group
A hedge fund recently bought a new stake in Birks Group stock. Ingalls & Snyder LLC bought a new position in Birks Group Inc. (NYSEAMERICAN:BGI – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $45,000. Ingalls & Snyder LLC owned about 0.05% of Birks Group at the end of the most recent quarter. Institutional investors and hedge funds own 0.22% of the company’s stock.
Birks Group Company Profile
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.
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