StockNews.com Initiates Coverage on Vince (NYSE:VNCE)

Research analysts at StockNews.com initiated coverage on shares of Vince (NYSE:VNCE) in a research note issued to investors on Tuesday. The brokerage set a “hold” rating on the textile maker’s stock.

Vince Price Performance

Shares of VNCE opened at $1.68 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.64 and a current ratio of 1.74. The firm has a market cap of $21.18 million, a PE ratio of 4.54 and a beta of 1.05. The firm’s 50 day moving average price is $2.08 and its 200 day moving average price is $2.44. Vince has a twelve month low of $1.27 and a twelve month high of $6.89.

Institutional Investors Weigh In On Vince

Large investors have recently bought and sold shares of the business. National Bank of Canada FI acquired a new stake in shares of Vince in the fourth quarter worth about $29,000. Jane Street Group LLC acquired a new stake in Vince in the 4th quarter worth approximately $86,000. Finally, Geode Capital Management LLC lifted its holdings in Vince by 12.4% in the 4th quarter. Geode Capital Management LLC now owns 33,769 shares of the textile maker’s stock worth $123,000 after purchasing an additional 3,731 shares during the last quarter. 16.11% of the stock is currently owned by institutional investors.

Vince Company Profile

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.