Vince (NYSE:VNCE) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Vince Holding Corp. (NYSE:VNCE)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.84 and traded as low as $2.74. Vince shares last traded at $2.78, with a volume of 28,033 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Noble Financial reaffirmed an “outperform” rating on shares of Vince in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Vince has a consensus rating of “Moderate Buy” and a consensus price target of $4.50.

Vince Stock Down 3.6%

The stock has a fifty day moving average of $3.01 and a 200-day moving average of $2.85. The firm has a market capitalization of $35.75 million, a price-to-earnings ratio of -2.00 and a beta of 0.64. The company has a current ratio of 1.61, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63.

Vince (NYSE:VNCE) last released its quarterly earnings results on Tuesday, December 9th. The textile maker reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.10. The business had revenue of $85.13 million during the quarter, compared to analyst estimates of $80.88 million. Vince had a positive return on equity of 11.37% and a negative net margin of 5.75%.During the same quarter last year, the company posted $0.34 EPS. As a group, sell-side analysts expect that Vince Holding Corp. will post 0.63 EPS for the current year.

Insider Buying and Selling at Vince

In other news, Director Eugenia Ulasewicz sold 11,322 shares of Vince stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $4.34, for a total value of $49,137.48. Following the transaction, the director directly owned 91,513 shares of the company’s stock, valued at $397,166.42. This trade represents a 11.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 61.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Vince

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd acquired a new stake in Vince during the fourth quarter valued at $44,000. Bridgeway Capital Management LLC increased its position in Vince by 31.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 59,656 shares of the textile maker’s stock worth $199,000 after purchasing an additional 14,400 shares during the last quarter. Algert Global LLC purchased a new stake in shares of Vince during the 3rd quarter worth about $57,000. Dimensional Fund Advisors LP purchased a new stake in shares of Vince during the 4th quarter worth about $135,000. Finally, Jane Street Group LLC acquired a new stake in shares of Vince during the 4th quarter valued at about $148,000. Hedge funds and other institutional investors own 16.11% of the company’s stock.

About Vince

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.