Lanvin Group (NYSE:LANV) Sees Unusually-High Trading Volume

Lanvin Group Holdings Limited (NYSE:LANV – Get Rating) shares saw an uptick in trading volume on Monday . 250,867 shares changed hands during trading, an increase of 33% from the previous session’s volume of 189,297 shares.The stock last traded at $5.45 and had previously closed at $5.30.

Lanvin Group Trading Down 0.7 %

The company has a 50-day moving average of $5.38. The firm has a market cap of $709.86 million, a PE ratio of 16.42 and a beta of 0.01. The company has a current ratio of 1.20, a quick ratio of 0.74 and a debt-to-equity ratio of 0.06.

Institutional Trading of Lanvin Group

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Fosun International Ltd bought a new stake in shares of Lanvin Group during the 4th quarter worth approximately $775,698,000. Prudential Financial Inc. bought a new stake in shares of Lanvin Group during the 1st quarter worth approximately $3,214,000. UBS Group AG bought a new stake in shares of Lanvin Group during the 4th quarter worth approximately $217,000. Finally, Virtu Financial LLC bought a new stake in shares of Lanvin Group during the 1st quarter worth approximately $115,000. Institutional investors own 49.98% of the company’s stock.

About Lanvin Group

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Lanvin Group Holdings Limited manufactures and sells fashion apparel, accessories, and fragrances for men and women. The company was founded in 2015 and is based in Shanghai, China. Lanvin Group Holdings Limited operates as a subsidiary of Fosun International Limited.