Naked Brand Group Limited [NAKD] is 417.97% higher this YTD. Is it still time to buy?

Naked Brand Group Limited [NASDAQ: NAKD] stock went on a downward path that fall over -0.55% on Monday, amounting to a one-week price increase of more than 1.48%. The company report on February 25, 2021 that Naked Brand Group Signs Definitive Agreement for $100 Million Private Placement.

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Additional Capital to Accelerate Development of Company’s Digital Platform Technology and Support Acquisitions to Expand E-Commerce Business.

Naked Brand Group Limited (NASDAQ:NAKD) (“Naked” or the “Company”), a global leader in intimate apparel, has signed a definitive agreement for a private placement of restricted ordinary shares and warrants for aggregate gross proceeds of approximately $100 million with accredited investors. Upon the closing of the private placement, the proceeds will be used to develop the Company’s technology solutions, increase its existing digital footprint, and pursue accretive acquisitions of existing e-commerce brands and for general corporate purposes. The Company believes its recent capital raising activities accelerates its transition to a pure play e-commerce platform business.

Over the last 12 months, NAKD stock rose by 142.62%.

The market cap for the stock reached $473.38 million, with 476.00 million shares outstanding and 424.36 million shares in the current float. Compared to the average trading volume of 222.46M shares, NAKD stock reached a trading volume of 73881404 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Naked Brand Group Limited [NAKD]:

The Average True Range (ATR) for Naked Brand Group Limited is set at 0.18, with the Price to Sales ratio for NAKD stock in the period of the last 12 months amounting to 7.94.

NAKD Stock Performance Analysis:

Naked Brand Group Limited [NAKD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.48. With this latest performance, NAKD shares dropped by -36.25% in over the last four-week period, additionally plugging by 527.44% over the last 6 months – not to mention a rise of 142.62% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NAKD stock in for the last two-week period is set at 48.91, with the RSI for the last a single of trading hit 46.67, and the three-weeks RSI is set at 50.99 for Naked Brand Group Limited [NAKD]. The present Moving Average for the last 50 days of trading for this stock 0.9071, while it was recorded at 1.0049 for the last single week of trading, and 0.4786 for the last 200 days.

Insight into Naked Brand Group Limited Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Naked Brand Group Limited [NAKD] shares currently have an operating margin of -13.03 and a Gross Margin at +25.78. Naked Brand Group Limited’s Net Margin is presently recorded at -60.30.

Return on Total Capital for NAKD is now -25.83, given the latest momentum, and Return on Invested Capital for the company is -260.03. Return on Equity for this stock declined to -2,209.83, with Return on Assets sitting at -64.74. Additionally, NAKD Total Debt to Total Capital is recorded at 110.75, with Total Debt to Total Assets ending up at 73.13.

Reflecting on the efficiency of the workforce at the company, Naked Brand Group Limited [NAKD] managed to generate an average of -$61,839 per employee. Receivables Turnover for the company is 12.49 with a Total Asset Turnover recorded at a value of 1.07.Naked Brand Group Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.80.

Naked Brand Group Limited [NAKD] Insider Position Details

There are presently around $1 million, or 0.30% of NAKD stock, in the hands of institutional investors. The top three institutional holders of NAKD stocks are: VIRTU FINANCIAL LLC with ownership of 493,067, which is approximately -7.491% of the company’s market cap and around 0.40% of the total institutional ownership; GEODE CAPITAL MANAGEMENT, LLC, holding 153,762 shares of the stock with an approximate value of $0.15 million in NAKD stocks shares; and UBS GROUP AG, currently with $99000.0 in NAKD stock with ownership of nearly 55.825% of the company’s market capitalization.

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7 institutional holders increased their position in Naked Brand Group Limited [NASDAQ:NAKD] by around 397,668 shares. Additionally, 4 investors decreased positions by around 1,098,673 shares, while 4 investors held positions by with 497,876 shares. The mentioned changes placed institutional holdings at 998,465 shares, according to the latest SEC report filing. NAKD stock had 5 new institutional investments in for a total of 328,636 shares, while 3 institutional investors sold positions of 1,058,746 shares during the same period.

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