Vince (NYSE:VNCE) issued its quarterly earnings results on Thursday. The textile maker reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.40), Bloomberg Earnings reports. Vince had a net margin of 21.50% and a negative return on equity of 387.17%.
Vince traded up $0.21, hitting $13.90, during mid-day trading on Thursday, Marketbeat.com reports. 202,268 shares of the stock traded hands, compared to its average volume of 32,887. Vince has a 52 week low of $3.20 and a 52 week high of $14.35. The company has a current ratio of 1.81, a quick ratio of 0.72 and a debt-to-equity ratio of 0.54.
Separately, ValuEngine upgraded shares of Vince from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.
Vince Holding Corp. engages in the design, merchandise, and sale of various luxury brand products in the United States and internationally. It operates through two segments, Wholesale and Direct-To-Consumer. The company offers a range of women's products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, denims, pants, tanks, T-shirts, handbags, and outerwear under the Vince brand; and men's products comprising T-shirts, knit and woven tops, sweaters, denim, pants, blazers, outerwear, and leather jackets under the Vince brand.
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