Might Naked Brand Group Inc. (NASDAQ:NAKD) get complicated?


Shares of Naked Brand Group Inc. (NASDAQ:NAKD) have moved 105.00% so far this year and they are now 15.17% from where they were around this time last year.

Over the last six months the stock has moved 104.98%, while it has moved -10.09% over the last quarter. Over the last week and the last one month, the stock has moved -4.87% and 5.13%, respectively.

The Barchart Technical Opinion rating is a 24% Sell with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is Minimum.

Recently, Naked Brand Group Inc. (NASDAQ:NAKD) announced that hey have entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) pursuant to which Naked’s shareholders will, upon the closing of the merger, receive approximately 7% of the outstanding ordinary shares of the combined company on a fully diluted basis, subject to adjustment.

Studying the stock’s moving averages shows its 20-Day Simple Moving Average to be $-1.10% while 50-Day Simple Moving Average is $-5.35% and 200-Day Simple Moving Average is $21.50%.

The stock has declined to a low of $23.49% over the last 50 days and jumped to a high of $-22.64% over the same period. However, the stock’s price range over the last 12 months is a high of $-56.84% and a low of $149.57%.

Analysts tracking Naked Brand Group Inc. have an average recommendation of – on its stock. For clarity, recommendation of 1 implies STRONG BUY, 3 implies HOLD and 5 implies SELL.

The stock?s average volume, which is the average of three months, is 634.70K, while its relative volume is 10.43.

Insiders own 9.70% of Naked Brand Group Inc., while institutional investors own 6.60% of the company.

Of the company’s 9.74M shares outstanding, 9.16M are free float. Of the floating shares, 7.97% have been sold short and that brings short ratio to 1.15.

Naked Brand Group Inc. reported EPS for the last fiscal year and the current year’s EPS is expected to increase 82.50% over the previous year’s EPS.

The company’s next earnings date is scheduled for May 03/b.