Lanvin Group (NYSE:LANV) Shares Down 3.5% - What's Next?

Lanvin Group Holdings Limited (NYSE:LANV - Get Free Report)'s stock price dropped 3.5% during trading on Wednesday . The company traded as low as $2.20 and last traded at $2.20. Approximately 30,329 shares changed hands during trading, a decline of 47% from the average daily volume of 57,009 shares. The stock had previously closed at $2.28.

Lanvin Group Stock Performance

The company has a current ratio of 0.53, a quick ratio of 0.23 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $2.23 and a 200 day simple moving average of $2.00.

Lanvin Group Company Profile

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.