StockNews.com Initiates Coverage on Birks Group (NYSE:BGI)

Research analysts at StockNews.com assumed coverage on shares of Birks Group (NYSE:BGI) in a research report issued on Saturday. The brokerage set a “sell” rating on the stock.

Birks Group Stock Performance

Shares of BGI stock opened at $1.60 on Friday. The company’s 50 day simple moving average is $1.83. Birks Group has a 52-week low of $1.46 and a 52-week high of $4.88.

About Birks Group

Birks Group Inc designs, develops, manufactures, and retails fine jewelry, timepieces, sterling and plated silverware, and gifts in the United States and Canada. The company operates through two segments, Retail and Other. It offers various merchandise, including designer jewelry, diamonds, gemstone and precious metal jewelry, rings, wedding bands, earrings, bracelets, necklaces, precious gemstones, gold jewelry, pearls, and giftware.