Tilly’s (NYSE:TLYS) Shares Cross Below 50-Day Moving Average – Time to Sell?

Tilly’s, Inc. (NYSE:TLYS) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.03 and traded as low as $3.58. Tilly’s shares last traded at $3.80, with a volume of 244,432 shares traded.

Wall Street Analysts Forecast Growth

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

Tilly’s Trading Up 4.5 %

The business has a fifty day moving average price of $4.04 and a two-hundred day moving average price of $4.30. The company has a market cap of $114.43 million, a price-to-earnings ratio of -2.14 and a beta of 1.55.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Shay Capital LLC raised its holdings in shares of Tilly’s by 8.4% during the 4th quarter. Shay Capital LLC now owns 2,279,000 shares of the specialty retailer’s stock valued at $9,686,000 after purchasing an additional 176,478 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Tilly’s during the fourth quarter worth $2,184,000. Nuveen Asset Management LLC raised its holdings in Tilly’s by 12.5% during the fourth quarter. Nuveen Asset Management LLC now owns 61,845 shares of the specialty retailer’s stock valued at $263,000 after buying an additional 6,895 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Tilly’s by 31.4% in the fourth quarter. Bank of America Corp DE now owns 17,566 shares of the specialty retailer’s stock worth $75,000 after buying an additional 4,193 shares during the last quarter. Finally, Long Focus Capital Management LLC lifted its position in shares of Tilly’s by 1.4% in the fourth quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer’s stock worth $9,273,000 after buying an additional 30,000 shares during the last quarter. Hedge funds and other institutional investors own 76.38% of the company’s stock.

About Tilly’s

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.