Lanvin Group (NYSE:LANV) Stock Price Down 1% – What’s Next?

Lanvin Group Holdings Limited (NYSE:LANV) shares fell 1% during trading on Monday . The company traded as low as $1.80 and last traded at $1.96. 118,244 shares were traded during mid-day trading, an increase of 102% from the average session volume of 58,476 shares. The stock had previously closed at $1.98.

Lanvin Group Stock Down 1.0 %

The company has a current ratio of 0.53, a quick ratio of 0.23 and a debt-to-equity ratio of 0.30. The business has a 50 day simple moving average of $1.77 and a two-hundred day simple moving average of $1.71.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lanvin Group stock. Townsquare Capital LLC purchased a new position in shares of Lanvin Group Holdings Limited (NYSE:LANV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,388 shares of the company’s stock, valued at approximately $45,000. Institutional investors and hedge funds own 86.40% of the company’s stock.

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.