Naked Brand Group (NASDAQ:NAKD) Shares Gap Up to $0.68

Naked Brand Group Limited (NASDAQ:NAKD)’s share price gapped up before the market opened on Monday . The stock had previously closed at $0.68, but opened at $0.77. Naked Brand Group shares last traded at $0.75, with a volume of 585,352 shares trading hands.

The firm’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $0.63. The company has a current ratio of 2.23, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in shares of Naked Brand Group during the 1st quarter valued at $25,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Naked Brand Group in the 1st quarter valued at $44,000. Bank of Montreal Can bought a new stake in shares of Naked Brand Group in the 2nd quarter valued at $71,000. Texas Yale Capital Corp. bought a new stake in shares of Naked Brand Group in the 2nd quarter valued at $72,000. Finally, LPL Financial LLC bought a new stake in shares of Naked Brand Group in the 2nd quarter valued at $76,000. Institutional investors own 0.43% of the company’s stock.

Naked Brand Group Company Profile (NASDAQ:NAKD)

Naked Brand Group Ltd. operates as an apparel and swimwear company. It designs, manufactures and markets a portfolio of company-owned and licensed brands, catering to a broad cross-section of consumers and market segments. The company’s brands include Bendon, Bendon Man, Me, By Bendon, Davenport, Fayreform, Lovable, Pleasure State, VaVoom, Evollove, and Hickory.

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