Kirkland’s Target of Unusually High Options Trading (NASDAQ:KIRK)

Kirkland’s, Inc. (NASDAQ:KIRKGet Rating) was the target of unusually large options trading activity on Wednesday. Stock investors bought 9,808 call options on the company. This is an increase of 1,683% compared to the typical daily volume of 550 call options.

Analyst Ratings Changes

Separately, Craig Hallum lowered their price target on Kirkland’s to $4.50 in a report on Tuesday, September 6th.

Kirkland’s Stock Performance

Shares of KIRK stock opened at $3.81 on Friday. The firm has a market cap of $48.59 million, a price-to-earnings ratio of -3.10 and a beta of 1.81. Kirkland’s has a 52-week low of $2.98 and a 52-week high of $17.72. The company has a quick ratio of 0.14, a current ratio of 1.23 and a debt-to-equity ratio of 1.37. The company’s 50 day moving average is $3.66 and its 200 day moving average is $4.09.

Kirkland’s (NASDAQ:KIRKGet Rating) last announced its quarterly earnings results on Tuesday, August 30th. The specialty retailer reported ($1.36) earnings per share (EPS) for the quarter. The company had revenue of $102.10 million during the quarter. Kirkland’s had a negative net margin of 2.64% and a negative return on equity of 9.99%.

Institutional Investors Weigh In On Kirkland’s

Institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP lifted its position in shares of Kirkland’s by 36.5% during the second quarter. Quantbot Technologies LP now owns 9,999 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 2,672 shares during the last quarter. Jump Financial LLC purchased a new stake in Kirkland’s during the third quarter valued at approximately $36,000. UBS Group AG acquired a new stake in Kirkland’s in the second quarter valued at approximately $56,000. Jane Street Group LLC purchased a new position in Kirkland’s in the third quarter worth $59,000. Finally, Virtu Financial LLC acquired a new position in shares of Kirkland’s during the second quarter worth $71,000. Institutional investors own 64.12% of the company’s stock.

Kirkland’s Company Profile

(Get Rating)

Kirkland’s, Inc operates as a retailer of home decor and gifts in the United States. Its stores present a selection of merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories and artificial floral products.

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