Tilly’s Inc. (TLYS) Moves Higher on Volume Spike for March 18

Tilly’s Inc. (TLYS) Moves Higher on Volume Spike for March 18

Tilly’s Inc. (TLYS) traded on unusually high volume on Mar. 18, as the stock gained 7.27% to close at $12.25. On the day, Tilly’s Inc. saw 740,046 shares trade hands on 6,426 trades. Considering that the stock averages only a daily volume of 428,839 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $25.46 and $10.19 over the last 52-weeks, its 50-day SMA is now $11.42, and its 200-day SMA $13.76. Tilly’s Inc. has a P/B ratio of 1.97. It also has a P/E ratio of 14.6.

Tilly’s Inc is a US based company which works as a specialty retailer of casual apparel, footwear, and accessories for young men, young women, boys, and girls. It offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The company delivers branded, fashion and core styles for tops, outerwear, bottoms, and dresses. It also provides backpacks, hats, sunglasses, headphones, handbags, watches, and jewelry. The company markets its products under the brand names of Vans, RVCA, Nike SB, and Hurley. It operates its stores in malls, lifestyle centers, power centers, community centers, outlet centers, street-front locations and also through e-commerce.

Headquartered in Irvine, CA, Tilly’s Inc. has 4,700 employees and is currently under the leadership of CEO Edmond S. Thomas.

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