Lanvin Group (NYSE:LANV) Stock Price Down 2.1% - What's Next?

Lanvin Group Holdings Limited (NYSE:LANV - Get Free Report) was down 2.1% during trading on Friday . The stock traded as low as $1.81 and last traded at $1.84. Approximately 4,953 shares were traded during trading, a decline of 91% from the average daily volume of 55,685 shares. The stock had previously closed at $1.88.

Lanvin Group Price Performance

The stock's 50-day moving average is $1.66 and its 200 day moving average is $1.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.23 and a current ratio of 0.53.

Institutional Trading of Lanvin Group

An institutional investor recently bought a new position in Lanvin Group stock. Townsquare Capital LLC acquired a new stake in Lanvin Group Holdings Limited (NYSE:LANV - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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.

About Lanvin Group

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.