Vince (NYSE:VNCE) Announces Quarterly Earnings Results

Vince (NYSE:VNCE) issued its quarterly earnings data on Tuesday. The textile maker reported ($0.04) EPS for the quarter, MarketWatch Earnings reports. The firm had revenue of $69.45 million for the quarter. Vince had a net margin of 4.00% and a negative return on equity of 84.38%.

Vince Price Performance

VNCE stock opened at $1.88 on Friday. The company has a debt-to-equity ratio of 5.05, a current ratio of 1.14 and a quick ratio of 0.24. Vince has a one year low of $1.75 and a one year high of $8.50. The stock has a market cap of $23.20 million, a PE ratio of 1.86 and a beta of 1.55. The firm has a 50 day simple moving average of $2.62 and a two-hundred day simple moving average of $4.71.

Hedge Funds Weigh In On Vince

A hedge fund recently bought a new stake in Vince stock. State Street Corp purchased a new position in Vince Holding Corp. (NYSE:VNCE) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,776 shares of the textile maker’s stock, valued at approximately $88,000. State Street Corp owned approximately 0.09% of Vince at the end of the most recent reporting period. 16.67% of the stock is owned by institutional investors.

About Vince

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women's products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men's products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.