Vince (NYSE:VNCE) Stock Rating Upgraded by Small Cap Consu

Small Cap Consu upgraded shares of Vince (NYSE:VNCE) to a strong-buy rating in a report published on Thursday, Zacks.com reports.

Vince Trading Up 5.6 %

Shares of Vince stock opened at $1.71 on Thursday. The firm has a market capitalization of $21.39 million, a PE ratio of 0.84 and a beta of 1.82. Vince has a twelve month low of $1.00 and a twelve month high of $5.77. The firm’s 50-day moving average price is $2.51 and its 200 day moving average price is $2.55. The company has a current ratio of 1.38, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93.

Vince (NYSE:VNCE) last released its earnings results on Tuesday, April 30th. The textile maker reported ($0.37) earnings per share for the quarter. Vince had a negative return on equity of 18.24% and a net margin of 8.69%. The business had revenue of $75.31 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Vince stock. Fund 1 Investments LLC grew its holdings in Vince Holding Corp. (NYSE:VNCE) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,242,976 shares of the textile maker’s stock after purchasing an additional 6,500 shares during the quarter. Vince comprises approximately 0.5% of Fund 1 Investments LLC’s portfolio, making the stock its 23rd largest holding. Fund 1 Investments LLC owned approximately 9.94% of Vince worth $4,301,000 as of its most recent SEC filing. 16.11% of the stock is owned by institutional investors.

About Vince

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.