1 day Ago By ABMN Staff
Brilliant Earth Group, Inc. ( NASDAQ:BRLT – Get Free Report ) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 111,700 shares, an increase of 5.
8% from the August 15th total of 105,600 shares. Based on an average daily trading volume, of 37,800 shares, the short-interest ratio is presently 3.0 days.
Currently, 0.9% of the shares of the stock are short sold. Wall Street Analyst Weigh In A number of analysts recently weighed in on BRLT shares.
Telsey Advisory Group restated an “outperform” rating and issued a $3.00 price objective on shares of Brilliant Earth Group in a report on Thursday, August 29th. William Blair cut shares of Brilliant Earth Group from an “outperform” rating to a “market perform” rating in a research report on Friday, August 9th.
Check Out Our Latest Report on BRLT Institutional Investors Weigh In On Brilliant Earth Group Brilliant Earth Group Stock Up 6.3 % Shares of NASDAQ:BRLT traded up $0.14 on Wednesday, hitting $2.
35. 47,631 shares of the company traded hands, compared to its average volume of 44,240. Brilliant Earth Group has a 52 week low of $1.
66 and a 52 week high of $3.81. The stock has a 50 day simple moving average of $2.
16 and a 200-day simple moving average of $2.43. The company has a market cap of $229.
97 million, a PE ratio of 39.50 and a beta of 1.53.
The company has a quick ratio of 2.33, a current ratio of 2.88 and a debt-to-equity ratio of 0.
52. Brilliant Earth Group ( NASDAQ:BRLT – Get Free Report ) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.
02 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.04.
Brilliant Earth Group had a return on equity of 6.48% and a net margin of 0.57%.
The company had revenue of $105.43 million for the quarter, compared to analysts’ expectations of $106.52 million.
As a group, research analysts expect that Brilliant Earth Group will post -0.03 earnings per share for the current year. Brilliant Earth Group Company Profile ( Get Free Report ) Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally.
Its product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. The company sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms. Read More Receive News & Ratings for Brilliant Earth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brilliant Earth Group and related companies with MarketBeat.
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