Tilly's (NYSE:TLYS) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Tilly's, Inc. (NYSE:TLYS - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.83 and traded as low as $3.37. Tilly's shares last traded at $3.38, with a volume of 54,778 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on TLYS shares. B. Riley decreased their price target on shares of Tilly's from $6.00 to $5.00 and set a "neutral" rating for the company in a research note on Friday, December 6th. StockNews.com lowered Tilly's from a "hold" rating to a "sell" rating in a research report on Monday, December 9th.

Tilly's Stock Performance

The stock's 50 day simple moving average is $4.10 and its 200 day simple moving average is $4.81. The firm has a market cap of $105.53 million, a P/E ratio of -1.91 and a beta of 1.60.

Institutional Trading of Tilly's

Institutional investors and hedge funds have recently modified their holdings of the stock. Rothschild Investment LLC bought a new stake in Tilly's during the second quarter worth $39,000. First Eagle Investment Management LLC boosted its holdings in Tilly's by 2.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 438,157 shares of the specialty retailer's stock worth $2,642,000 after acquiring an additional 9,500 shares during the last quarter. Long Focus Capital Management LLC grew its stake in shares of Tilly's by 17.5% in the 2nd quarter. Long Focus Capital Management LLC now owns 2,151,931 shares of the specialty retailer's stock worth $12,976,000 after acquiring an additional 320,000 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Tilly's in the third quarter valued at about $297,000. Finally, Jane Street Group LLC lifted its position in shares of Tilly's by 113.6% during the third quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer's stock valued at $284,000 after purchasing an additional 29,581 shares in the last quarter. 76.38% of the stock is owned by hedge funds and other institutional investors.

Tilly's Company Profile

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.