Free Trial

Tilly's (NYSE:TLYS) Shares Cross Below 50 Day Moving Average - Time to Sell?

Tilly's logo with Retail/Wholesale background
Remove Ads

Tilly's, Inc. (NYSE:TLYS - Get Free Report)'s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.66 and traded as low as $2.10. Tilly's shares last traded at $2.22, with a volume of 45,792 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Roth Mkm dropped their price objective on Tilly's from $5.00 to $2.50 and set a "neutral" rating on the stock in a research note on Friday, March 14th. B. Riley lowered their target price on Tilly's from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Friday, December 6th. Finally, StockNews.com lowered Tilly's from a "hold" rating to a "sell" rating in a report on Monday, December 9th.

Read Our Latest Stock Analysis on Tilly's

Tilly's Trading Up 2.3 %

The stock has a market capitalization of $67.57 million, a P/E ratio of -1.27 and a beta of 1.58. The business's fifty day simple moving average is $3.54 and its two-hundred day simple moving average is $3.98.

Institutional Investors Weigh In On Tilly's

Institutional investors have recently added to or reduced their stakes in the company. Nomura Holdings Inc. bought a new stake in shares of Tilly's in the 4th quarter worth approximately $2,184,000. Shay Capital LLC raised its stake in shares of Tilly's by 8.4% in the fourth quarter. Shay Capital LLC now owns 2,279,000 shares of the specialty retailer's stock valued at $9,686,000 after purchasing an additional 176,478 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Tilly's by 276.1% in the fourth quarter. JPMorgan Chase & Co. now owns 41,237 shares of the specialty retailer's stock worth $175,000 after purchasing an additional 30,273 shares during the period. Long Focus Capital Management LLC boosted its stake in Tilly's by 1.4% during the fourth quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer's stock worth $9,273,000 after buying an additional 30,000 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Tilly's by 113.6% in the 3rd quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer's stock valued at $284,000 after buying an additional 29,581 shares during the period. 76.38% of the stock is owned by institutional investors and hedge funds.

Remove Ads

About Tilly's

(Get Free Report)

Tilly's, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.

Featured Stories

Should You Invest $1,000 in Tilly's Right Now?

Before you consider Tilly's, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tilly's wasn't on the list.

While Tilly's currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025
3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads