Birks Group (NYSEAMERICAN:BGI) Research Coverage Started at StockNews.com

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

Birks Group Price Performance

NYSEAMERICAN:BGI opened at $2.53 on Wednesday. Birks Group has a 52 week low of $2.07 and a 52 week high of $5.24.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Birks Group stock. Ingalls & Snyder LLC grew its holdings in Birks Group Inc. (NYSEAMERICAN:BGI) by 70.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,000 shares of the company’s stock after acquiring an additional 7,000 shares during the quarter. Ingalls & Snyder LLC owned 0.09% of Birks Group worth $80,000 as of its most recent filing with the Securities and Exchange Commission. 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.