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

Tilly’s, Inc. (NYSE:TLYS) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3.99 and traded as low as $3.90. Tilly’s shares last traded at $4.16, with a volume of 103,866 shares.

Analyst Upgrades and Downgrades

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

Tilly’s Price Performance

The firm’s 50-day moving average price is $3.99 and its 200 day moving average price is $4.58. The firm has a market capitalization of $125.43 million, a price-to-earnings ratio of -2.35 and a beta of 1.57.

Institutional Trading of Tilly’s

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in Tilly’s by 58.5% during the third quarter. JPMorgan Chase & Co. now owns 10,964 shares of the specialty retailer’s stock worth $56,000 after acquiring an additional 4,045 shares during the last quarter. Virtu Financial LLC acquired a new stake in Tilly’s during the third quarter worth approximately $108,000. Barclays PLC boosted its position in Tilly’s by 230.7% during the third quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock worth $102,000 after acquiring an additional 13,921 shares during the last quarter. Geode Capital Management LLC boosted its position in Tilly’s by 2.6% during the third quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock worth $2,029,000 after acquiring an additional 10,258 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Tilly’s by 113.6% during the third quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock worth $284,000 after acquiring an additional 29,581 shares during 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.