Lanvin Group (NYSE:LANV) Stock Price Down 3.5% - Here's What Happened

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

Lanvin Group Price Performance

The company has a quick ratio of 0.23, a current ratio of 0.53 and a debt-to-equity ratio of 0.30. The firm has a fifty day moving average price of $2.23 and a 200-day moving average price of $2.02.

About Lanvin Group

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.