Lanvin Group (NYSE:LANV) Trading 1.9% Higher – Should You Buy?

Lanvin Group Holdings Limited (NYSE:LANV)’s share price rose 1.9% during mid-day trading on Tuesday . The stock traded as high as $1.13 and last traded at $1.1110. 69,419 shares changed hands during trading, an increase of 0% from the average session volume of 69,143 shares. The stock had previously closed at $1.09.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lanvin Group in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Lanvin Group Trading Down 4.6%

The stock’s fifty day simple moving average is $1.28 and its two-hundred day simple moving average is $1.49.

Lanvin Group (NYSE:LANV) last released its quarterly earnings results on Wednesday, August 26th. The company reported ($0.29) EPS for the quarter. The business had revenue of $57.52 million during the quarter.

About Lanvin Group

Lanvin Group (NYSE:LANV) is a global luxury fashion company centered on the heritage French brand Lanvin. The group designs, manufactures and distributes a broad range of upscale apparel, leather goods, footwear, accessories and fragrances. Its product portfolio spans womenswear, menswear and unisex items, complemented by seasonal collections and signature handbag lines.

Founded in 1889 by Jeanne Lanvin in Paris, Lanvin holds the distinction of being one of the oldest continually operating French couture houses.