Lanvin Group (NYSE:LANV) Shares Up 3.8% – Here’s Why

Lanvin Group Holdings Limited (NYSE:LANVGet Free Report) shot up 3.8% on Thursday . The company traded as high as $2.18 and last traded at $2.17. 53,020 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 54,312 shares. The stock had previously closed at $2.09.

Lanvin Group Stock Up 3.8%

The business’s fifty day moving average is $2.20 and its two-hundred day moving average is $2.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.53 and a quick ratio of 0.23.

About Lanvin Group

(Get Free Report)

Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. 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, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.

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