Kirkland’s Sees Unusually Large Options Volume (NASDAQ:KIRK)

Kirkland’s, Inc. (NASDAQ:KIRK) saw unusually large options trading activity on Wednesday. Traders acquired 9,808 call options on the company. This is an increase of approximately 1,683% compared to the average volume of 550 call options.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kirkland’s stock. Dupree Financial Group LLC bought a new position in shares of Kirkland’s, Inc. (NASDAQ:KIRK) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 72,500 shares of the specialty retailer’s stock, valued at approximately $175,000. Dupree Financial Group LLC owned about 0.56% of Kirkland’s at the end of the most recent quarter. Institutional investors own 15.38% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Kirkland’s from a “sell” rating to a “hold” rating in a research note on Friday, March 22nd.

Kirkland’s Stock Down 0.5 %

Kirkland’s stock opened at $1.90 on Thursday. The firm’s 50 day moving average price is $2.39 and its two-hundred day moving average price is $2.49. Kirkland’s has a twelve month low of $1.40 and a twelve month high of $3.88. The firm has a market cap of $24.57 million, a PE ratio of -0.87 and a beta of 2.20. The company has a debt-to-equity ratio of 10.88, a quick ratio of 0.10 and a current ratio of 0.78.

Kirkland’s (NASDAQ:KIRK) last released its quarterly earnings data on Thursday, March 21st. The specialty retailer reported $0.78 EPS for the quarter. Kirkland’s had a negative net margin of 5.92% and a negative return on equity of 870.01%. The company had revenue of $165.95 million during the quarter.

Kirkland’s Company Profile

Kirkland's, Inc operates as a specialty retailer of home décor and furnishings in the United States. Its stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance, lighting, floral, housewares, and gifts.