RTW Retailwinds (NYSE:RTW) Shares Up 13.2%

RTW Retailwinds Inc (NYSE:RTW) shares rose 13.2% on Monday . The stock traded as high as $0.19 and last traded at $0.17, approximately 1,257,563 shares changed hands during trading. An increase of 122% from the average daily volume of 567,546 shares. The stock had previously closed at $0.15.

Separately, ValuEngine cut shares of RTW Retailwinds from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th.

The firm has a market cap of $9.80 million, a price-to-earnings ratio of -0.18 and a beta of 1.67. The business’s 50-day simple moving average is $0.27 and its two-hundred day simple moving average is $0.86. The company has a current ratio of 1.01, a quick ratio of 0.44 and a debt-to-equity ratio of 3.52.

Several hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC grew its position in shares of RTW Retailwinds by 4.9% during the 4th quarter. Renaissance Technologies LLC now owns 1,808,358 shares of the company’s stock worth $1,448,000 after buying an additional 84,000 shares during the period. Emancipation Management LLC raised its stake in shares of RTW Retailwinds by 239.3% during the 4th quarter. Emancipation Management LLC now owns 315,507 shares of the company’s stock worth $253,000 after purchasing an additional 222,507 shares during the period. Signia Capital Management LLC raised its stake in shares of RTW Retailwinds by 7.9% during the 4th quarter. Signia Capital Management LLC now owns 2,627,867 shares of the company’s stock worth $2,105,000 after purchasing an additional 193,015 shares during the period. Finally, Grace & White Inc. NY raised its stake in shares of RTW Retailwinds by 8.0% during the 4th quarter. Grace & White Inc. NY now owns 1,195,864 shares of the company’s stock worth $958,000 after purchasing an additional 88,268 shares during the period. 35.08% of the stock is owned by institutional investors.

About RTW Retailwinds (NYSE:RTW)

RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.

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