Lanvin Group (NYSE:LANV) Trading Up 1.9% – What’s Next?

Lanvin Group Holdings Limited (NYSE:LANV)’s stock price shot up 1.9% during mid-day trading on Wednesday . The company traded as high as $1.84 and last traded at $1.84. 17,360 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 69,259 shares. The stock had previously closed at $1.80.

Lanvin Group Price Performance

The business’s 50 day moving average price is $1.97 and its 200-day moving average price is $1.75. The company has a quick ratio of 0.23, a current ratio of 0.53 and a debt-to-equity ratio of 0.30.

Institutional Trading of Lanvin Group

An institutional investor recently bought a new position in Lanvin Group stock. Townsquare Capital LLC bought a new position in shares of Lanvin Group Holdings Limited (NYSE:LANV) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,388 shares of the company’s stock, valued at approximately $45,000. 86.40% of the stock is currently owned by institutional investors and hedge funds.

About Lanvin Group

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.