BGI Stock Summary and Trading Ideas (Birks Group | AMEX:BGI)

Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segment includes Retail and other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates approximately 21 stores in Canada under the Maison Birks brand, one store under the Brinkhaus brand, one store under the Graff brand, and one store under the Patek Phillippe brand. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.

Birks Group trades on the AMEX stock market under the symbol BGI.

As of April 17, 2024, BGI stock price climbed to $2.83 with 524 million shares trading.

BGI has a market cap of $53.20 million. This is considered a Micro Cap stock.

In the last 3 years, BGI stock traded as high as $10.02 and as low as $1.38.

BGI has underperformed the market in the last year with a price return of -65.2% while the SPY ETF gained +23.0%. BGI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.4% and -14.9%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

BGI support price is $2.52 and resistance is $2.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BGI stock will trade within this expected range on the day.