Naked Brand Group Inc (NAKD)
$0.63 0.05 (7.95%)
19:59 EDT NAKD Stock Quote Delayed 30 Minutes
Previous Close $0.63
Market Cap -
PE Ratio -2.72
Volume (Avg. Vol.) 2.81M
Day's Range 0.61 - 0.69
52-Week Range 0.02 - 2.80
Dividend & Yield N/A (N/A)
NAKD Stock Predictions, Articles, and Naked Brand Group Inc News
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When a stock sheds more than 98% of its value in a year, there are plenty of dark times to point to, but in the case of Naked, the retrenchment is all the more alarming when considering the stock is off 49.59% over the past month. It was about a month that the company engineered a 1-for-100 reverse split designed to inflate its share price. Today, it looks like all that reverse split was good for was giving bears a higher price to short from.
Naked Brands Group announced it sold the “Naked” brand as part of its strategic turnaround, but the news resulted in another NAKD stock drop.
Let Naked Brands stock be a lesson learned on holding onto a loser. NAKD stock is down over 99% over the past two years.
NAKD stock continues to plunge, and with good reason. It seems unlikely the company will make it through 2020 without a restructuring.
While markets may roar to all-time highs in 2020, these five stocks likely will miss the party and are stocks to sell in the new year.
NAKD stock is too fundamentally vulnerable to recommend even as a speculative pick. Instead, investors have many other viable choices available.
Some penny stocks are worth the risk -- NAKD stock is not one of them, because this company lacks a path to profitability.
Investors took profits on NAKD stock this week and until the firm proves that its new umbrella of brands can be successful in the US, the share price is unlikely to move higher.
Naked Brand Group Inc (NAKD) has agreed to a merger with Bendon, a New Zealand lingerie company. The vote to pass the merger was almost unanimous.
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