Tilly’s (NYSE:TLYS) Shares Cross Below 50 Day Moving Average – Should You Sell?

Tilly’s, Inc. (NYSE:TLYS) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.95 and traded as low as $3.90. Tilly’s shares last traded at $4.25, with a volume of 189,497 shares trading hands.

Analyst Ratings Changes

TLYS has been the subject of several research analyst reports. B. Riley dropped their price objective on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a research report 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 0.2 %

The firm has a market capitalization of $137.19 million, a price-to-earnings ratio of -2.57 and a beta of 1.60. The company’s fifty day moving average is $3.96 and its two-hundred day moving average is $4.68.

Institutional Trading of Tilly’s

Institutional investors and hedge funds have recently modified their holdings of the stock. Rothschild Investment LLC bought a new stake in shares of Tilly’s in the 2nd quarter valued at $39,000. First Eagle Investment Management LLC grew its stake in Tilly’s by 2.2% in the second quarter. First Eagle Investment Management LLC now owns 438,157 shares of the specialty retailer’s stock valued at $2,642,000 after acquiring an additional 9,500 shares during the period. Long Focus Capital Management LLC increased its holdings in shares of Tilly’s by 17.5% in the second quarter. Long Focus Capital Management LLC now owns 2,151,931 shares of the specialty retailer’s stock worth $12,976,000 after acquiring an additional 320,000 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Tilly’s during the third quarter worth about $297,000. Finally, Jane Street Group LLC lifted its holdings in shares of Tilly’s by 113.6% during 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 in the last quarter. 76.38% of the stock is owned by institutional investors.

About Tilly’s

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.