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

Tilly’s, Inc. (NYSE:TLYS)’s share price 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 changing hands.

Wall Street Analyst Weigh In

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

Tilly’s Stock Up 4.5 %

The company’s fifty day moving average is $4.04 and its two-hundred day moving average is $4.30. The firm has a market capitalization of $114.43 million, a price-to-earnings ratio of -2.14 and a beta of 1.55.

Tilly’s (NYSE:TLYS) last posted its earnings results 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 return on equity of 25.44% and a negative net margin of 8.92%. During the same quarter last year, the business earned ($0.03) earnings per share. On average, equities research analysts expect that Tilly’s, Inc. will post -1.08 EPS for the current year.

Institutional Trading of Tilly’s

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 4,045 shares in the last quarter. Bank of America Corp DE lifted its holdings 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 valued at $75,000 after purchasing an additional 4,193 shares in the last quarter. Barclays PLC lifted its holdings in shares of Tilly’s by 19.5% in the fourth quarter. Barclays PLC now owns 23,850 shares of the specialty retailer’s stock valued at $101,000 after purchasing an additional 3,895 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Tilly’s in the third quarter valued at about $108,000. Finally, Nuveen Asset Management LLC lifted its holdings in shares of Tilly’s by 12.5% in the fourth quarter. Nuveen Asset Management LLC now owns 61,845 shares of the specialty retailer’s stock valued at $263,000 after purchasing an additional 6,895 shares in the last quarter. 76.38% of the stock is currently owned by institutional investors and hedge funds.

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.