Tilly’s (NYSE:TLYS) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Tilly’s, Inc. (NYSE:TLYS)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.99 and traded as low as $3.90. Tilly’s shares last traded at $4.16, with a volume of 103,866 shares traded.

Analyst Ratings Changes

TLYS has been the topic of a number of research reports. B. Riley reduced their price target on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, December 6th. StockNews.com downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a research note on Monday, December 9th.

Tilly’s Price Performance

The stock has a market capitalization of $125.00 million, a price-to-earnings ratio of -2.34 and a beta of 1.57. The firm has a fifty day moving average of $4.00 and a 200 day moving average of $4.57.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates 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 quarter last year, the firm earned ($0.03) EPS. Research analysts predict that Tilly’s, Inc. will post -1.08 EPS for the current year.

Institutional Trading of Tilly’s

A number of hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of Tilly’s by 58.5% in the third quarter. JPMorgan Chase & Co. now owns 10,964 shares of the specialty retailer’s stock valued at $56,000 after purchasing an additional 4,045 shares in the last quarter. Geode Capital Management LLC lifted its stake in Tilly’s by 2.6% during the third quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock worth $2,029,000 after purchasing an additional 10,258 shares during the last quarter. Barclays PLC grew its position in shares of Tilly’s by 230.7% in the 3rd quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock valued at $102,000 after buying an additional 13,921 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Tilly’s in the 3rd quarter valued at about $108,000. Finally, Jane Street Group LLC grew its position in shares of Tilly’s by 113.6% during the third quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock worth $284,000 after acquiring an additional 29,581 shares during the last quarter. 76.38% of the stock is owned by institutional investors and hedge funds.

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.