Vince (NASDAQ:VNCE) Trading Down 0.7% – Time to Sell?

Vince Holding Corp. (NASDAQ:VNCE)’s stock price traded down 0.7% during mid-day trading on Tuesday . The company traded as low as $2.70 and last traded at $2.75. 34,939 shares changed hands during trading, a decline of 74% from the average session volume of 136,883 shares. The stock had previously closed at $2.77.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on VNCE shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Vince in a research note on Tuesday, January 27th. Wall Street Zen raised shares of Vince from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Finally, Zacks Research upgraded shares of Vince from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vince presently has a consensus rating of “Moderate Buy”.

Vince Trading Down 0.7%

The stock has a market capitalization of $36.69 million, a P/E ratio of -1.87 and a beta of 0.67. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.64. The stock’s 50 day simple moving average is $3.31.

Vince (NASDAQ:VNCE) last released its earnings results on Tuesday, December 9th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.11 by $0.10. Vince had a negative net margin of 6.20% and a positive return on equity of 8.03%. The company had revenue of $85.13 million during the quarter, compared to analysts’ expectations of $80.89 million.

About Vince

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.