Lanvin Group (NYSE:LANV) Stock Price Down 2%

Shares of Lanvin Group Holdings Limited (NYSE:LANV) were down 2% during trading on Tuesday . The stock traded as low as $4.45 and last traded at $4.48. 4,183 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 181,760 shares. The stock had previously closed at $4.57.

Lanvin Group Price Performance

The company has a market capitalization of $577.58 million, a P/E ratio of 13.36 and a beta of -0.03. The business’s 50-day moving average is $4.66 and its two-hundred day moving average is $5.23. The company has a quick ratio of 0.74, a current ratio of 1.20 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On Lanvin Group

Several hedge funds have recently modified their holdings of LANV. Virtu Financial LLC bought a new position in shares of Lanvin Group in the first quarter valued at approximately $115,000. UBS Group AG bought a new position in Lanvin Group in the 4th quarter valued at $217,000. Ergoteles LLC purchased a new stake in shares of Lanvin Group during the 2nd quarter valued at $317,000. Prudential Financial Inc. purchased a new stake in shares of Lanvin Group during the 1st quarter valued at $3,214,000. Finally, Fosun International Ltd bought a new stake in shares of Lanvin Group during the 4th quarter worth $775,698,000. Institutional investors own 75.13% of the company’s stock.

Lanvin Group Company Profile

Lanvin Group Holdings Limited operates as a couture house worldwide. 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, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.