Tilly's (NYSE:TLYS) Shares Cross Below Fifty Day Moving Average - What's Next?

Tilly's, Inc. (NYSE:TLYS - Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.56 and traded as low as $4.10. Tilly's shares last traded at $4.10, with a volume of 47,172 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Tilly's from a "sell" rating to a "hold" rating in a report on Friday, September 6th. B. Riley dropped their price target on Tilly's from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Friday, September 6th.

Tilly's Trading Down 4.2 %

The company has a market cap of $123.92 million, a price-to-earnings ratio of -3.00 and a beta of 1.58. The business has a 50-day moving average price of $4.56 and a 200 day moving average price of $5.19.

Institutional Investors Weigh In On Tilly's

Several hedge funds have recently bought and sold shares of TLYS. Long Focus Capital Management LLC boosted its holdings in shares of Tilly's by 17.5% during the second quarter. Long Focus Capital Management LLC now owns 2,151,931 shares of the specialty retailer's stock worth $12,976,000 after purchasing an additional 320,000 shares during the period. Vanguard Group Inc. grew its holdings in shares of Tilly's by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer's stock valued at $8,721,000 after acquiring an additional 8,547 shares in the last quarter. First Eagle Investment Management LLC increased its stake in shares of Tilly's by 2.2% in the second 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. GSA Capital Partners LLP purchased a new stake in shares of Tilly's during the third quarter worth $297,000. Finally, BNP Paribas Financial Markets grew its stake in Tilly's by 61.0% in the first quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer's stock valued at $72,000 after purchasing an additional 4,035 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.