Lanvin Group (NYSE:LANV) Shares Up 2.3% – Still a Buy?

Lanvin Group Holdings Limited (NYSE:LANV) shares traded up 2.3% during mid-day trading on Friday . The stock traded as high as $2.32 and last traded at $2.24. 20,486 shares traded hands during trading, a decline of 45% from the average session volume of 37,164 shares. The stock had previously closed at $2.19.

Lanvin Group Stock Performance

The business’s 50-day moving average price is $2.18 and its 200 day moving average price is $2.10.

Lanvin Group Company Profile

Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.