share_log

Kirkland's (NASDAQ:KIRK) Share Price Passes Above Two Hundred Day Moving Average of $3.72

Defense World ·  Feb 3, 2023 15:42

Kirkland's, Inc. (NASDAQ:KIRK – Get Rating) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.72 and traded as high as $4.06. Kirkland's shares last traded at $3.82, with a volume of 261,304 shares traded.

Kirkland's Stock Down 0.8 %

The business's 50-day moving average price is $3.59 and its 200-day moving average price is $3.72. The company has a quick ratio of 0.16, a current ratio of 1.27 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $48.71 million, a PE ratio of -1.65 and a beta of 1.85.

Get Kirkland's alerts:

Kirkland's (NASDAQ:KIRK – Get Rating) last posted its quarterly earnings results on Friday, December 2nd. The specialty retailer reported ($0.38) earnings per share (EPS) for the quarter. The company had revenue of $130.96 million during the quarter. Kirkland's had a negative return on equity of 33.63% and a negative net margin of 5.55%.

Insider Activity at Kirkland's

In related news, major shareholder Osmium Partners, Llc sold 41,437 shares of the firm's stock in a transaction that occurred on Friday, December 23rd. The shares were sold at an average price of $3.11, for a total transaction of $128,869.07. Following the transaction, the insider now owns 208,275 shares of the company's stock, valued at $647,735.25. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 7.80% of the company's stock.

Hedge Funds Weigh In On Kirkland's

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KIRK. Bank of New York Mellon Corp grew its stake in shares of Kirkland's by 47.3% in the third quarter. Bank of New York Mellon Corp now owns 39,133 shares of the specialty retailer's stock worth $118,000 after acquiring an additional 12,562 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Kirkland's in the third quarter worth $59,000. Vanguard Group Inc. grew its stake in shares of Kirkland's by 12.1% in the third quarter. Vanguard Group Inc. now owns 665,653 shares of the specialty retailer's stock worth $2,004,000 after acquiring an additional 71,900 shares during the last quarter. Osmium Partners LLC grew its stake in shares of Kirkland's by 9.0% in the third quarter. Osmium Partners LLC now owns 1,824,481 shares of the specialty retailer's stock worth $5,492,000 after acquiring an additional 150,000 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of Kirkland's in the third quarter worth $36,000. Institutional investors and hedge funds own 37.47% of the company's stock.

Kirkland's Company Profile

(Get Rating)

Kirkland's, Inc operates as a retailer of home decor and gifts in the United States. Its stores present a selection of merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories and artificial floral products.

Featured Articles

  • Get a free copy of the StockNews.com research report on Kirkland's (KIRK)
  • Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
  • Mullen Automotive Stock Gains Momentum On Positive News
  • Harley-Davidson Inc. Stock, Is It Time To Buy?
  • The Bottom Is In For Meta Platforms, Volatility Is Not Over
  • Analyzing Alaska Air's Recent Earnings

Receive News & Ratings for Kirkland's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirkland's and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment