Naked Brand Group Limited [NASDAQ: NAKD] surged by $0.01 during the normal trading session on Friday and reaching a high of $0.57 during the day while it closed the day at $0.54. The company report on April 30, 2021 that Naked Brand Group Announces Final Results of Extraordinary General Meeting and Closing of Bendon Divestiture.
Divestiture Transforms Naked into Asset-Light Business Positioned to Grow into an E-Commerce Leader in Intimate Apparel Market.
Naked Brand Group Limited (NASDAQ:NAKD) (“Naked” or the “Company”), has announced final vote tallies from its Extraordinary General Meeting of its shareholders held on Friday, April 23, 2021 at 10:00 am (Sydney time), at which Naked’s shareholders approved the Company’s divestiture of its Bendon brick-and-mortar operations.
Naked Brand Group Limited stock has also loss -23.81% of its value over the past 7 days. However, NAKD stock has declined by -50.87% in the 3 months of the year. Over the past six months meanwhile, it has gained 617.66% and gained 181.46% year-on date.
The market cap for NAKD stock reached $346.66 million, with 641.48 million shares outstanding and 424.36 million shares in the current float. Compared to the average trading volume of 108.15M shares, NAKD reached a trading volume of 43019086 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Naked Brand Group Limited [NAKD]:
The Average True Range (ATR) for Naked Brand Group Limited is set at 0.07, with the Price to Sales ratio for NAKD stock in the period of the last 12 months amounting to 5.80.
NAKD stock trade performance evaluation
Naked Brand Group Limited [NAKD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.81. With this latest performance, NAKD shares dropped by -13.31% in over the last four-week period, additionally plugging by 617.66% over the last 6 months – not to mention a drop of -16.86% 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 41.30, with the RSI for the last a single of trading hit 40.24, and the three-weeks RSI is set at 42.52 for Naked Brand Group Limited [NAKD]. The present Moving Average for the last 50 days of trading for this stock 0.7467, while it was recorded at 0.5753 for the last single week of trading, and 0.4684 for the last 200 days.
Naked Brand Group Limited [NAKD]: An insightful look at the core 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 Ownership positions
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 21.20% of the total institutional ownership; GEODE CAPITAL MANAGEMENT, LLC, holding 153,762 shares of the stock with an approximate value of $81000.0 in NAKD stocks shares; and UBS GROUP AG, currently with $52000.0 in NAKD stock with ownership of nearly 55.825% of the company’s market capitalization.
30 institutional holders increased their position in Naked Brand Group Limited [NASDAQ:NAKD] by around 637,016 shares. Additionally, 5 investors decreased positions by around 1,158,673 shares, while 4 investors held positions by with 532,876 shares. The mentioned changes placed institutional holdings at 1,262,813 shares, according to the latest SEC report filing. NAKD stock had 27 new institutional investments in for a total of 566,116 shares, while 4 institutional investors sold positions of 1,118,746 shares during the same period.