Tilly's (NYSE:TLYS) Stock Passes Below 50-Day Moving Average - Should You Sell?

Shares of Tilly's, Inc. (NYSE:TLYS - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.95 and traded as low as $3.90. Tilly's shares last traded at $4.25, with a volume of 189,497 shares traded.

Analysts Set New Price Targets

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

Tilly's Stock Performance

The firm has a market capitalization of $137.49 million, a PE ratio of -2.58 and a beta of 1.60. The company's 50 day simple moving average is $3.96 and its 200-day simple moving average is $4.68.

Institutional Trading of Tilly's

Several large investors have recently modified their holdings of the business. Long Focus Capital Management LLC boosted its position 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 purchasing an additional 320,000 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Tilly's during the third quarter valued at $297,000. Jane Street Group LLC lifted its stake in shares of Tilly's by 113.6% in the 3rd quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer's stock worth $284,000 after purchasing an additional 29,581 shares during the period. Virtu Financial LLC purchased a new position in shares of Tilly's in the third quarter worth approximately $108,000. Finally, Barclays PLC grew its position in Tilly's by 230.7% during the third quarter. Barclays PLC now owns 19,955 shares of the specialty retailer's stock valued at $102,000 after buying an additional 13,921 shares during the period. 76.38% of the stock is owned by institutional investors.

About Tilly's

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.