Vince (NYSE:VNCE) Shares Pass Below 200-Day Moving Average – Should You Sell?

Vince Holding Corp. (NYSE:VNCE)’s share price crossed 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.

Analyst Upgrades and Downgrades

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

Vince Stock Up 0.7 %

The company has a current ratio of 1.74, a quick ratio of 0.64 and a debt-to-equity ratio of 0.89. The firm has a market cap of $25.26 million, a PE ratio of 5.41 and a beta of 1.39. The company’s 50 day moving average price is $3.01 and its two-hundred day moving average price is $2.48.

Insider Buying and Selling

In other Vince news, major shareholder Rodger R. Krouse sold 7,218,385 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $2.33, for a total transaction of $16,818,837.05. Following the completion of the sale, the insider now directly owns 1,262,933 shares of the company’s stock, valued at $2,942,633.89. This trade represents a 85.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Vince

Large investors have recently made changes to their positions in the company. National Bank of Canada FI bought a new position in Vince during the 4th quarter valued at about $29,000. Jane Street Group LLC bought a new stake in Vince during the 4th quarter valued at $86,000. Finally, Geode Capital Management LLC grew its position in shares of Vince by 12.4% during the 4th quarter. Geode Capital Management LLC now owns 33,769 shares of the textile maker’s stock worth $123,000 after buying an additional 3,731 shares in the last quarter. 16.11% of the stock is owned by institutional investors.

Vince Company Profile

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.