Birks Group (NYSEAMERICAN:BGI) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Birks Group (NYSEAMERICAN:BGI) in a research report report published on Monday morning. The firm issued a sell rating on the stock.

Birks Group Price Performance

NYSEAMERICAN:BGI opened at $2.65 on Monday. Birks Group has a fifty-two week low of $2.07 and a fifty-two week high of $5.24.

Institutional Trading of Birks Group

A hedge fund recently raised its stake in Birks Group stock. Ingalls & Snyder LLC lifted its holdings in shares of Birks Group Inc. (NYSEAMERICAN:BGI) by 70.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,000 shares of the company’s stock after buying an additional 7,000 shares during the period. Ingalls & Snyder LLC owned about 0.09% of Birks Group worth $80,000 as of its most recent filing with the SEC. 0.22% of the stock is currently owned by hedge funds and other institutional investors.

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.