PLBY Group (NASDAQ:PLBY) Given Hold Rating at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of PLBY Group (NASDAQ:PLBY) in a research note issued to investors on Friday, Benzinga reports. They currently have a $0.70 price objective on the stock, down from their prior price objective of $1.50.

Separately, Chardan Capital reiterated a buy rating and set a $4.00 target price on shares of PLBY Group in a research report on Wednesday, May 8th.

PLBY Group Price Performance

PLBY traded down $0.18 during trading on Friday, hitting $0.61. The company’s stock had a trading volume of 1,912,320 shares, compared to its average volume of 482,125. The company has a quick ratio of 1.00, a current ratio of 1.19 and a debt-to-equity ratio of 6.53. The stock has a market capitalization of $44.25 million, a price-to-earnings ratio of -0.27 and a beta of 2.40. The firm’s 50 day moving average price is $0.82 and its two-hundred day moving average price is $0.94. PLBY Group has a 12 month low of $0.43 and a 12 month high of $1.65.

PLBY Group (NASDAQ:PLBY) last released its quarterly earnings results on Thursday, May 9th. The company reported ($0.23) earnings per share (EPS) for the quarter. The business had revenue of $28.32 million during the quarter. PLBY Group had a negative net margin of 124.32% and a negative return on equity of 135.78%. During the same period last year, the company earned ($0.52) earnings per share.

Insider Activity

In other PLBY Group news, CFO Marc Crossman sold 77,098 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $0.88, for a total transaction of $67,846.24. Following the completion of the sale, the chief financial officer now directly owns 322,902 shares of the company’s stock, valued at approximately $284,153.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 193,532 shares of company stock valued at $169,644 over the last 90 days. 29.00% of the stock is owned by company insiders.

Institutional Trading of PLBY Group

A hedge fund recently raised its stake in PLBY Group stock. Sfmg LLC increased its stake in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 65.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 330,000 shares of the company’s stock after purchasing an additional 130,000 shares during the period. Sfmg LLC owned approximately 0.45% of PLBY Group worth $330,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 32.46% of the company’s stock.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.