Kirkland’s Sees Unusually High Options Volume (NASDAQ:KIRK)

Kirkland’s, Inc. (NASDAQ:KIRKGet Free Report) saw some unusual options trading on Wednesday. Stock traders acquired 3,175 put options on the stock. This is an increase of 1,274% compared to the typical volume of 231 put options.

Analyst Ratings Changes

Several brokerages recently weighed in on KIRK. StockNews.com downgraded shares of Kirkland’s from a “hold” rating to a “sell” rating in a research note on Friday, June 7th. Benchmark reiterated a “buy” rating and issued a $7.00 price objective on shares of Kirkland’s in a research note on Friday, June 7th.

Check Out Our Latest Report on KIRK

Kirkland’s Stock Down 2.1 %

Shares of Kirkland’s stock opened at $1.90 on Friday. Kirkland’s has a one year low of $1.40 and a one year high of $3.88. The business has a 50-day simple moving average of $2.03 and a 200-day simple moving average of $2.55. The company has a debt-to-equity ratio of 10.88, a current ratio of 0.85 and a quick ratio of 0.10.

Kirkland’s (NASDAQ:KIRKGet Free Report) last released its quarterly earnings data on Thursday, June 6th. The specialty retailer reported ($0.68) earnings per share (EPS) for the quarter. The firm had revenue of $91.75 million for the quarter. Kirkland’s had a negative return on equity of 870.01% and a negative net margin of 5.28%.

Institutional Trading of Kirkland’s

A number of institutional investors have recently bought and sold shares of KIRK. Quadrature Capital Ltd acquired a new stake in shares of Kirkland’s during the 4th quarter worth about $42,000. Dupree Financial Group LLC acquired a new stake in Kirkland’s during the first quarter worth approximately $175,000. Finally, PEAK6 Investments LLC purchased a new stake in shares of Kirkland’s during the 1st quarter worth approximately $564,000. 15.38% of the stock is owned by hedge funds and other institutional investors.

Kirkland’s Company Profile

(Get Free Report)

Kirkland's, Inc operates as a specialty retailer of home décor and furnishings in the United States. Its stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance, lighting, floral, housewares, and gifts.

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