Naked Brand Group Limited (NASDAQ:NAKD) traded at $0.71 at close of the session on Monday, May 03, made an upward move of 12.59% on its previous day’s price.
Looking at the stock we see that its previous close was $0.63 and the beta (5Y monthly) reads 0 with the day’s price range being $0.6816 – 0.7679. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, NAKD has a high of $3.4 and a low of $0.07. The company’s stock has gained about -0.8% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the NAKD stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Let’s briefly compare Naked Brand Group Limited (NAKD) stock to its peers. We find that current price change of +12.59% and -1.83% over the past 12 months for NAKD competes that of Lululemon Athletica (LULU), which has seen its stock price fall -2.23% in the last trading session and was +50.02% over the last one year. Another of its peers V.F. Corp (VFC) has dropped -1.27% previous session, and was +50.88% up over the past year, while Under Armour (UAA) was also up 12.59% in the last session, while its price remained in the red at -1.83% over the same period. Naked Brand Group Limited has a P/E ratio of 0 compared to Lululemon Athletica’s 74.54 and V.F. Corp’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at -0.72% and -0.54%, respectively, at close of the trading.
Coming back to Naked Brand Group Limited (NASDAQ:NAKD), we note that the average 3-month trading volume was 201.31 Million, while that of the preceding 10-day period stands at 44.15 Million. Current shares outstanding are 641.48 Million.
According to data from Thomson Reuters, insiders hold 21.2% of the company’s shares while institutions hold 0.29%. The data shows that short shares as of April 14, 2021, stood at 41.27 Million at a short ratio of 0.58. This represents a 6.43% short interest in shares outstanding on April 14, 2021. Shares short rose in April from the previous month at 34.97 Million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock +269.43% up in year-to-date price movement.