PLBY Group (NASDAQ:PLBY) Now Covered by Analysts at Roth Mkm

Roth Mkm initiated coverage on shares of PLBY Group (NASDAQ:PLBY) in a research note released on Friday, MarketBeat reports. The brokerage issued a buy rating and a $3.00 price target on the stock.

PLBY Group Price Performance

Shares of NASDAQ PLBY opened at $1.97 on Friday. The company has a 50 day simple moving average of $1.57 and a two-hundred day simple moving average of $1.06. PLBY Group has a fifty-two week low of $0.52 and a fifty-two week high of $2.44. The company has a market capitalization of $177.20 million, a price-to-earnings ratio of -2.05 and a beta of 2.24. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.44 and a current ratio of 1.44.

PLBY Group (NASDAQ:PLBY) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.45) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.32). PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The company had revenue of $12.86 million for the quarter.

Institutional Trading of PLBY Group

A hedge fund recently bought a new stake in PLBY Group stock. J2 Capital Management Inc purchased a new stake in shares of PLBY Group, Inc. (NASDAQ:PLBY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 29,400 shares of the company’s stock, valued at approximately $43,000. 32.46% of the stock is owned by institutional investors.

PLBY Group Company Profile

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.