What Will Happen to Vince Holding Corp. (VNCE) Next? The Stock Just Reaches 52-Week High

June 17, 2018 - By Migdalia James

Vince Holding Corp. (NYSE:VNCE) Logo

The stock of Vince Holding Corp. (NYSE:VNCE) hit a new 52-week high and has $15.50 target or 4.00 % above today’s $14.90 share price. The 7 months bullish chart indicates low risk for the $173.09M company. The 1-year high was reported on Jun, 17 by Barchart.com. If the $15.50 price target is reached, the company will be worth $6.92M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 7.19% or $1 during the last trading session, reaching $14.9. About 186,379 shares traded or 437.47% up from the average. Vince Holding Corp. (NYSE:VNCE) has risen 55.06% since June 17, 2017 and is uptrending. It has outperformed by 42.49% the S&P500.

More notable recent Vince Holding Corp. (NYSE:VNCE) news were published by: Streetinsider.com which released: “Pre-Open Stock Movers 06/15: (VSTM) (TXMD) (GLUU) Higher; (AFMD) (GBT) (GNK) Lower (more…)” on June 15, 2018, also Benzinga.com with their article: “38 Biggest Movers From Yesterday” published on June 14, 2018, Streetinsider.com published: “After-Hours Movers 06/14: (VSTM) (HUYA) (VNCE) Higher; (GNK) (DEST) (ADBE) Lower (more…)” on June 14, 2018. More interesting news about Vince Holding Corp. (NYSE:VNCE) were released by: Seekingalpha.com and their article: “Vince Holding up 7% post Q1 results” published on June 15, 2018 as well as Businesswire.com‘s news article titled: “Vince Holding Corp. Reports First Quarter 2018 Results” with publication date: June 14, 2018.

Vince Holding Corp. engages in the design, merchandise, and sale of various luxury brand products in the United States and internationally. The company has market cap of $173.09 million. It operates through two divisions, Wholesale and Direct-To-Consumer. It has a 1.94 P/E ratio. The firm offers a range of womenÂ’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 menÂ’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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