Tilly’s (NYSE:TLYS) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Tilly’s, Inc. (NYSE:TLYS)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.05 and traded as high as $4.60. Tilly’s shares last traded at $4.31, with a volume of 88,334 shares traded.

Wall Street Analyst Weigh In

TLYS has been the topic of a number of recent analyst reports. StockNews.com downgraded 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 Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Friday, December 6th.

Tilly’s Stock Performance

The company’s fifty day simple moving average is $4.05 and its two-hundred day simple moving average is $4.50. The stock has a market capitalization of $129.95 million, a P/E ratio of -2.44 and a beta of 1.57.

Tilly’s (NYSE:TLYS) last released its quarterly earnings results on Thursday, December 5th. The specialty retailer reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.16). Tilly’s had a negative return on equity of 25.44% and a negative net margin of 8.92%. During the same period last year, the firm earned ($0.03) EPS. On average, research analysts predict that Tilly’s, Inc. will post -1.08 earnings per share for the current fiscal year.

Institutional Trading of Tilly’s

A number of institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its position in shares of Tilly’s by 2.6% in the third quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after buying an additional 10,258 shares in the last quarter. GSA Capital Partners LLP bought a new position in Tilly’s during the 3rd quarter worth $297,000. Jane Street Group LLC lifted its position in shares of Tilly’s by 113.6% during the 3rd quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock valued at $284,000 after acquiring an additional 29,581 shares during the period. Virtu Financial LLC bought a new stake in shares of Tilly’s during the 3rd quarter valued at $108,000. Finally, Barclays PLC grew its holdings in shares of Tilly’s by 230.7% during the 3rd quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock worth $102,000 after purchasing an additional 13,921 shares in the last quarter. Institutional investors own 76.38% of the company’s stock.

Tilly’s Company Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.