Lanvin Group (NYSE:LANV) Trading 1% Higher - Here's What Happened

Lanvin Group Holdings Limited (NYSE:LANV - Get Free Report) shares shot up 1% on Thursday . The stock traded as high as $2.11 and last traded at $2.08. 30,415 shares were traded during trading, a decline of 17% from the average session volume of 36,482 shares. The stock had previously closed at $2.06.Analyst Ratings ChangesSeparately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Lanvin Group in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of "Sell".View Our Latest Research Report on LANVLanvin Group Stock Up 1.0%The company has a 50-day moving average price of $2.12 and a two-hundred day moving average price of $2.19. The stock has a market capitalization of $290.74 million, a P/E ratio of 26.00 and a beta of -0.24. About Lanvin Group (Get Free Report)Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.Further ReadingFive stocks we like better than Lanvin GroupCD Calculator: Certificate of Deposit Calculator Why Microsoft's Post-Earnings Dip Is a Buy-the-Pause MomentWhat Makes a Stock a Good Dividend Stock?NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth GameLow PE Growth Stocks: Unlocking Investment OpportunitiesHold Ratings, High Rewards? 3 Stocks That Could Defy ExpectationsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Lanvin Group Right Now?Before you consider Lanvin Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lanvin Group wasn't on the list.While Lanvin Group currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here