Birks Group (NYSEAMERICAN:BGI) Receives New Coverage from Analysts at StockNews.com

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

Birks Group Trading Down 1.5 %

Shares of NYSEAMERICAN BGI traded down $0.04 during trading on Thursday, reaching $2.51. The company had a trading volume of 3,905 shares, compared to its average volume of 11,867. Birks Group has a 12 month low of $2.34 and a 12 month high of $10.02.

Hedge Funds Weigh In On Birks Group

An institutional investor recently bought a new position in Birks Group stock. Ingalls & Snyder LLC bought a new stake in shares of Birks Group Inc. (NYSEAMERICAN:BGI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 reporting period. 0.22% of the stock is currently owned by institutional investors and hedge funds.

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.