Lanvin Group (NYSE:LANV) Trading Up 7.9% - Time to Buy?

Lanvin Group Holdings Limited (NYSE:LANV - Get Free Report)'s stock price rose 7.9% on Thursday . The company traded as high as $2.66 and last traded at $2.32. Approximately 139,229 shares were traded during trading, an increase of 110% from the average daily volume of 66,316 shares. The stock had previously closed at $2.15.

Lanvin Group Price Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 0.53 and a quick ratio of 0.23. The company's fifty day moving average is $2.04 and its two-hundred day moving average is $1.87.

Institutional Investors Weigh In On Lanvin Group

An institutional investor recently bought a new position in Lanvin Group stock. Townsquare Capital LLC purchased a new stake in Lanvin Group Holdings Limited (NYSE:LANV - Free Report) during the third quarter, according to the company in its most recent disclosure with the 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.

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.