Birks Group (NYSEAMERICAN:BGI) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Birks Group (NYSEAMERICAN:BGIGet Free Report) in a research report issued to clients and investors on Sunday. The firm set a “sell” rating on the stock.

Birks Group Stock Up 1.1 %

NYSEAMERICAN:BGI opened at $2.55 on Friday. Birks Group has a 12 month low of $2.07 and a 12 month high of $5.56.

Institutional Investors Weigh In On Birks Group

A hedge fund recently raised its stake in Birks Group stock. Ingalls & Snyder LLC lifted its stake in Birks Group Inc. (NYSEAMERICAN:BGIFree Report) by 70.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,000 shares of the company’s stock after acquiring an additional 7,000 shares during the period. Ingalls & Snyder LLC owned approximately 0.09% of Birks Group worth $80,000 at the end of the most recent reporting period. Institutional investors own 0.22% of the company’s stock.

About Birks Group

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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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