Tilly’s (NYSE:TLYS) Stock Passes Above 50-Day Moving Average – Should You Sell?

Shares of Tilly’s, Inc. (NYSE:TLYS) 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 Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. StockNews.com cut shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday, December 9th. B. Riley lowered their price objective on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Friday, December 6th.

Tilly’s Stock Down 1.4 %

The firm has a market cap of $129.96 million, a price-to-earnings ratio of -2.44 and a beta of 1.57. The business has a 50 day moving average of $4.05 and a 200 day moving average of $4.49.

Tilly’s (NYSE:TLYS) last announced its earnings results on Thursday, December 5th. The specialty retailer reported ($0.43) earnings per share (EPS) 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 business posted ($0.03) EPS. Research analysts predict that Tilly’s, Inc. will post -1.08 earnings per share for the current year.

Institutional Trading of Tilly’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in 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 buying an additional 4,045 shares during the period. Barclays PLC lifted its holdings in 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 buying an additional 13,921 shares during the last quarter. Virtu Financial LLC acquired a new position in Tilly’s in the third quarter worth $108,000. Jane Street Group LLC boosted its holdings in shares of Tilly’s by 113.6% in the 3rd quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock valued at $284,000 after buying an additional 29,581 shares during the period. Finally, GSA Capital Partners LLP bought a new position in shares of Tilly’s during the third quarter valued at approximately $297,000. Hedge funds and other 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.