Vince (NYSE:VNCE) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Vince Holding Corp. (NYSE:VNCE)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.74 and traded as low as $2.51. Vince shares last traded at $2.55, with a volume of 51,513 shares trading hands.

Wall Street Analyst Weigh In

Separately, Noble Financial reiterated an “outperform” rating on shares of Vince in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $4.50.

Vince Stock Performance

The company’s 50-day moving average is $3.27 and its two-hundred day moving average is $2.74. The company has a quick ratio of 0.51, a current ratio of 1.61 and a debt-to-equity ratio of 0.63. The company has a market cap of $34.01 million, a P/E ratio of -1.90 and a beta of 0.67.

Vince (NYSE:VNCE) last announced its quarterly earnings data on Tuesday, December 9th. The textile maker reported $0.21 EPS for the quarter, topping the consensus estimate of $0.11 by $0.10. Vince had a negative net margin of 5.75% and a positive return on equity of 11.37%. The business had revenue of $85.13 million for the quarter, compared to analyst estimates of $80.88 million. During the same quarter in the previous year, the firm posted $0.34 earnings per share. Equities analysts predict that Vince Holding Corp. will post 0.63 EPS for the current year.

Insiders Place Their Bets

In other news, Director Eugenia Ulasewicz sold 11,322 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $4.34, for a total transaction of $49,137.48. Following the transaction, the director owned 91,513 shares of the company’s stock, valued at $397,166.42. This represents a 11.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 61.00% of the company’s stock.

Institutional Investors Weigh In On Vince

Institutional investors have recently added to or reduced their stakes in the business. Algert Global LLC purchased a new position in shares of Vince in the third quarter worth about $57,000. Dimensional Fund Advisors LP purchased a new position in shares of Vince in the fourth quarter valued at $135,000. Jane Street Group LLC bought a new position in Vince in the 4th quarter worth about $148,000. Goldman Sachs Group Inc. purchased a new stake in shares of Vince in the fourth quarter worth about $151,000. Finally, Essex Investment Management Co. LLC bought a new position in shares of Vince in the fourth quarter valued at approximately $166,000. 16.11% of the stock is owned by hedge funds and other institutional investors.

Vince Company Profile

Vince (NYSE: VNCE) is a Los Angeles–based designer, marketer and retailer of contemporary apparel, accessories and footwear. The company’s collections encompass women’s and men’s ready-to-wear, handbags, small leather goods, scarves, hosiery and footwear. Vince’s product ethos centers on understated luxury, combining high–quality fabrics—such as cashmere, silk, cotton and leather—with a minimalist design aesthetic intended to appeal to a broad base of fashion–conscious consumers.

Vince distributes its products through a multi–channel platform that includes full–price standalone stores, factory outlets, department store shop-in-shops and e-commerce.