Tilly’s (NYSE:TLYS) Stock Passes Below 50-Day Moving Average – Here’s Why

Shares of Tilly’s, Inc. (NYSE:TLYS) 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.

Wall Street Analyst Weigh In

Several analysts have commented on TLYS shares. B. Riley reduced their price objective on Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, December 6th. StockNews.com downgraded Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday, December 9th.

Tilly’s Stock Down 0.1 %

The company has a 50-day moving average price of $4.00 and a 200-day moving average price of $4.57. The company has a market capitalization of $125.00 million, a price-to-earnings ratio of -2.34 and a beta of 1.57.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results 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 net margin of 8.92% and a negative return on equity of 25.44%. During the same period in the prior year, the firm earned ($0.03) earnings per share. Equities analysts expect that Tilly’s, Inc. will post -1.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Tilly’s

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in Tilly’s by 58.5% in the 3rd 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 last quarter. Geode Capital Management LLC boosted its position in shares of Tilly’s by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock worth $2,029,000 after acquiring an additional 10,258 shares in the last quarter. Barclays PLC increased its stake 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 purchasing an additional 13,921 shares during the last quarter. Virtu Financial LLC acquired a new position in Tilly’s during the third quarter worth about $108,000. Finally, Jane Street Group LLC lifted its stake in 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 purchasing an additional 29,581 shares during 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.