Stock Groups

Is Naked Brand Group a Buy Under $1? By StockNews

by Mike Robinson

[ad_1]

© Reuters. Naked Brand Group: A Buy Below $1

Naked Brand (NAKD), has suffered six consecutive losses and has experienced a loss of shareholder wealth. This has resulted in constant equity capital increases, which have caused the stock to lose money. Will this trend change anytime soon and is the stock worth buying?.Naked Brand Group (NAKD) designs, retails and sells women’s and men’s intimate apparel and swimwear products. It’s a small-cap company that trades under $1 and has just a $725 million market cap.

NAKD recently became one of America’s most traded stocks. That’s directly because of its popularity on Reddit among retail traders.

Is Naked Brand an attractive long-term investment? It is uncertain if it will make a comeback after a remarkable 497% increase in sales over the previous year.

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. Instead, they are determined by marketmakers. As such, the prices might not reflect market conditions and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]