Naked Brand Group Limited (NASDAQ:NAKD) shares, dropped in value on Wednesday, Apr 07, with the stock price down by -8.18% to the previous day’s close as weak demand from buyers trailed the stock to $0.61.
Actively observing the price movement in the last trading, the stock closed the session at $0.66, falling within a range of $0.6010 and $0.6540. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $3.4, and the low was $0.07. On the whole, NAKD has fluctuated by -37.81% over the past month.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that NAKD’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 50% Buy.
A comparison of Naked Brand Group Limited (NAKD) with its peers suggests the former has fared considerably weaker in the market. NAKD showed an intraday change of -8.18% in last session, and over the past year, it grew by +12.37%. In comparison, Lululemon Athletica (LULU) has moved lower at -0.8% on the day and was up +56.98% over the past 12 months. On the other hand, the price of V.F. Corp (VFC) has risen 0.36% on the day. The stock, however, is off 53.61% from where it was a year ago. Additionally, there is a decline of -818% for Under Armour (UAA) in last trading while the stock has seen an overall apprecation of 12.37% over the past year. The PE ratio stands at 0 for Naked Brand Group Limited, compared to 68.04 for Lululemon Athletica, and 0 for V.F. Corp. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.
Data on historical trading for Naked Brand Group Limited (NASDAQ:NAKD) indicates that the trading volumes over the past 10 days have averaged 44.15 Million and over the past 3 months, they’ve averaged 201.31 Million. According to company’s latest data on outstanding shares, there are 641.48 Million shares outstanding.
Nearly 12.55% of Naked Brand Group Limited’s shares belong to company insiders and institutional investors own 0.26% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 34.97 Million shares as on March 14, 2021, resulting in a short ratio of 0.36. According to the data, the short interest in Naked Brand Group Limited (NAKD) stood at 5.45% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 42.91 Million. The stock has risen by +217.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NAKD stock heading into the next quarter.