Birks Group (BGI) Shares Slide -20%

Birks Group (BGI) has risen sharply, recording gains of 310.45% in the past 4 weeks. However, the stock has corrected -20% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 297.11% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.95% and the 50-Day Moving Average is 81.21%. Birks Group Inc. is up 360.25% in the last 3-month period. Year-to-Date the stock performance stands at 497.83%.


Birks Group (NYSEMKT:BGI): stock turned positive on Friday. Though the stock opened at $2.1, the bulls momentum made the stock top out at $2.88 level for the day. The stock recorded a low of $2.1 and closed the trading day at $2.2, in the green by 2.33%. The total traded volume for the day was 1,601,309. The stock had closed at $2.15 in the previous days trading.

Birks Group Inc. is a designer, maker and purveyor of prestige jewelry, timepieces and giftware in the United States and Canada. The Companys operating segments include Retail and Other. Retail comprises the Companys retail operations in the United States and Canada. As of May 31, 2015, Birks Group operated 47 prestige jewelry stores, 27 stores under the Birks brand, two retail locations in Calgary and Vancouver under the Brinkhaus brand, 17 stores under the Mayors brand, located in Florida and Georgia and one store under the Rolex brand name. Its sales are divided into two product categories: jewelry and timepieces. Jewelry includes sales of other product offerings the Company sells, such as giftware, as well as repair and custom design services. The Company offers designed products and a selection of merchandise at many different price points. This merchandise includes designer jewelry, diamond, gemstone and precious metal jewelry, timepieces and giftware.

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