Lanvin Group (NYSE:LANV) Shares Down 0.3% – What’s Next?

Lanvin Group Holdings Limited (NYSE:LANV)’s share price fell 0.3% during mid-day trading on Friday . The company traded as low as $1.5450 and last traded at $1.7240. 44,466 shares were traded during mid-day trading, a decline of 77% from the average session volume of 194,305 shares. The stock had previously closed at $1.73.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Lanvin Group in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Lanvin Group Trading Down 0.3%

The business’s fifty day simple moving average is $1.64 and its 200 day simple moving average is $1.91.

Lanvin Group Company Profile

Lanvin Group (NYSE:LANV) is a global luxury fashion company centered on the heritage French brand Lanvin. The group designs, manufactures and distributes a broad range of upscale apparel, leather goods, footwear, accessories and fragrances. Its product portfolio spans womenswear, menswear and unisex items, complemented by seasonal collections and signature handbag lines.

Founded in 1889 by Jeanne Lanvin in Paris, Lanvin holds the distinction of being one of the oldest continually operating French couture houses.