Vince (NYSE:VNCE) Share Price Crosses Below 200 Day Moving Average of $2.50

Shares of Vince Holding Corp. (NYSE:VNCE) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.50 and traded as low as $1.58. Vince shares last traded at $1.59, with a volume of 13,018 shares trading hands.

Vince Stock Up 2.6 %

The business’s 50 day simple moving average is $2.89 and its 200 day simple moving average is $2.50. The company has a current ratio of 1.38, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $19.89 million, a PE ratio of 0.78 and a beta of 1.82.

Hedge Funds Weigh In On Vince

A hedge fund recently raised its stake in Vince stock. Fund 1 Investments LLC raised its position in shares of Vince Holding Corp. (NYSE:VNCE) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,242,976 shares of the textile maker’s stock after acquiring an additional 6,500 shares during the period. Vince makes up about 0.5% of Fund 1 Investments LLC’s investment portfolio, making the stock its 23rd largest position. Fund 1 Investments LLC owned 9.94% of Vince worth $4,301,000 at the end of the most recent reporting period. 16.11% of the stock is currently owned by institutional investors and hedge funds.

About Vince

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women's products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men's products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.