Vince (NYSE:VNCE) Shares Cross Below 200-Day Moving Average – Time to Sell?

Vince Holding Corp. (NYSE:VNCE) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.48 and traded as low as $1.97. Vince shares last traded at $2.05, with a volume of 20,294 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Vince from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Vince Price Performance

The company has a market capitalization of $25.26 million, a price-to-earnings ratio of 5.41 and a beta of 1.39. The firm has a 50-day simple moving average of $3.01 and a two-hundred day simple moving average of $2.48. The company has a current ratio of 1.74, a quick ratio of 0.64 and a debt-to-equity ratio of 0.89.

Insider Buying and Selling

In related news, major shareholder Rodger R. Krouse sold 7,218,385 shares of Vince stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $2.33, for a total value of $16,818,837.05. Following the sale, the insider now directly owns 1,262,933 shares in the company, valued at approximately $2,942,633.89. The trade was a 85.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 3.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VNCE. National Bank of Canada FI purchased a new stake in shares of Vince during the fourth quarter worth $29,000. Jane Street Group LLC acquired a new position in Vince during the fourth quarter worth about $86,000. Finally, Geode Capital Management LLC grew its stake in Vince by 12.4% during the 4th quarter. Geode Capital Management LLC now owns 33,769 shares of the textile maker’s stock valued at $123,000 after acquiring an additional 3,731 shares in the last quarter. Hedge funds and other institutional investors own 16.11% of the company’s stock.

About Vince

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.