StockNews.com assumed coverage on shares of Birks Group (NYSEAMERICAN:BGI – Free Report) in a research report sent to investors on Friday morning. The firm issued a sell rating on the stock.
Birks Group Stock Performance
Shares of BGI opened at $2.70 on Friday. Birks Group has a 52 week low of $2.40 and a 52 week high of $10.02.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Birks Group stock. Ingalls & Snyder LLC acquired a new stake in shares of Birks Group Inc. (NYSEAMERICAN:BGI – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,000 shares of the company’s stock, valued at approximately $45,000. Ingalls & Snyder LLC owned 0.05% of Birks Group at the end of the most recent reporting period. 0.22% of the stock is 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.
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