BrilliA (NYSEAMERICAN:BRIA) Trading 0.6% Higher – Still a Buy?

BrilliA Inc (NYSEAMERICAN:BRIAGet Free Report)’s share price was up 0.6% on Wednesday . The company traded as high as $1.8117 and last traded at $1.80. Approximately 1,399 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 9,704 shares. The stock had previously closed at $1.79.

Analysts Set New Price Targets

A number of brokerages have issued reports on BRIA. Citigroup initiated coverage on shares of BrilliA in a report on Friday, August 29th. They set a “buy” rating on the stock. Industrial Alliance Securities set a $5.00 price objective on BrilliA in a research note on Friday, August 29th. Finally, Alliance Global Partners began coverage on BrilliA in a report on Friday, August 29th. They set a “buy” rating and a $5.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $5.00.

Get Our Latest Stock Analysis on BRIA

BrilliA Trading Up 0.6%

The business’s 50-day moving average price is $1.94 and its 200 day moving average price is $2.27.

BrilliA Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a dividend of $0.133 per share. This represents a yield of 554.0%. The ex-dividend date was Monday, September 15th.

Institutional Trading of BrilliA

A hedge fund recently bought a new stake in BrilliA stock. Virtu Financial LLC acquired a new position in shares of BrilliA Inc (NYSEAMERICAN:BRIAFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,875 shares of the company’s stock, valued at approximately $31,000.

BrilliA Company Profile

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BrilliA Inc is a one-stop service cross-border solution provider for ladies’ intimate apparel brands, managing sales and customer relationships with major clients like Fruit of the Loom, Hanes Brands Inc and H&M. BrilliA Inc is based in SINGAPORE.

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