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Lanvin Group (NYSE:LANV) Trading 1.9% Higher - Here's What Happened

Lanvin Group logo with Consumer Discretionary background

Shares of Lanvin Group Holdings Limited (NYSE:LANV - Get Free Report) traded up 1.9% during mid-day trading on Wednesday . The company traded as high as $1.84 and last traded at $1.84. 17,360 shares were traded during mid-day trading, a decline of 75% from the average session volume of 69,259 shares. The stock had previously closed at $1.80.

Lanvin Group Trading Up 16.4 %

The company has a quick ratio of 0.23, a current ratio of 0.53 and a debt-to-equity ratio of 0.30. The business has a 50 day simple moving average of $1.97 and a 200-day simple moving average of $1.75.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lanvin Group stock. Townsquare Capital LLC purchased a new stake in shares of Lanvin Group Holdings Limited (NYSE:LANV - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 26,388 shares of the company's stock, valued at approximately $45,000. 86.40% of the stock is currently owned by institutional investors and hedge funds.

Lanvin Group Company Profile

(Get Free Report)

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.

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