StockNews.com assumed coverage on shares of Birks Group (NYSEAMERICAN:BGI – Free Report) in a report issued on Friday morning. The firm issued a sell rating on the stock.
Birks Group Price Performance
Shares of NYSEAMERICAN BGI opened at $2.58 on Friday. Birks Group has a 1 year low of $2.07 and a 1 year high of $5.24.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Birks Group stock. Ingalls & Snyder LLC grew its stake in Birks Group Inc. (NYSEAMERICAN:BGI – Free Report) by 70.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,000 shares of the company’s stock after buying an additional 7,000 shares during the period. Ingalls & Snyder LLC owned 0.09% of Birks Group worth $80,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.22% of the company’s stock.
About Birks Group
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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