PLBY Group, Inc. (NASDAQ:PLBY) Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp lowered its stake in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 13.0% in the fourth quarter, HoldingsChannel reports. The firm owned 66,514 shares of the company’s stock after selling 9,970 shares during the quarter. Money Concepts Capital Corp’s holdings in PLBY Group were worth $97,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, J2 Capital Management Inc acquired a new position in PLBY Group during the 4th quarter valued at approximately $43,000. 32.46% of the stock is owned by hedge funds and other institutional investors.

PLBY Group Stock Up 3.6 %

Shares of PLBY Group stock opened at $2.00 on Friday. The business’s fifty day moving average price is $1.63 and its two-hundred day moving average price is $1.09. The company has a debt-to-equity ratio of 12.49, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market capitalization of $179.90 million, a P/E ratio of -2.08 and a beta of 2.28. PLBY Group, Inc. has a 1-year low of $0.52 and a 1-year high of $2.44.

PLBY Group (NASDAQ:PLBY) last announced its earnings results on Tuesday, November 12th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.32). The business had revenue of $12.86 million for the quarter. PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on PLBY shares. Roth Capital upgraded PLBY Group to a “strong-buy” rating in a research report on Friday, January 31st. Roth Mkm initiated coverage on PLBY Group in a research report on Friday, January 31st. They set a “buy” rating and a $3.00 price objective for the company.

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.