Lands' End, Inc. (NASDAQ:LE - Get Free Report)'s stock price shot up 3.8% during mid-day trading on Wednesday . The company traded as high as $16.28 and last traded at $16.24. 19,842 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 101,430 shares. The stock had previously closed at $15.65.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Lands' End from a "hold" rating to a "buy" rating in a research report on Friday, September 6th.
Check Out Our Latest Stock Report on Lands' End
Lands' End Stock Performance
The company has a quick ratio of 0.41, a current ratio of 1.64 and a debt-to-equity ratio of 1.10. The stock's fifty day moving average is $15.61 and its two-hundred day moving average is $13.62. The firm has a market capitalization of $504.69 million, a price-to-earnings ratio of -3.79 and a beta of 2.79.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Jump Financial LLC bought a new stake in shares of Lands' End during the 4th quarter worth about $115,000. Quadrature Capital Ltd acquired a new position in shares of Lands' End in the fourth quarter valued at approximately $175,000. BNP Paribas Financial Markets increased its stake in shares of Lands' End by 65.0% during the first quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company's stock worth $76,000 after purchasing an additional 2,757 shares during the period. Empowered Funds LLC lifted its holdings in Lands' End by 69.4% during the 1st quarter. Empowered Funds LLC now owns 54,340 shares of the company's stock worth $592,000 after purchasing an additional 22,257 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in Lands' End by 41.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company's stock valued at $163,000 after purchasing an additional 4,392 shares during the period. 37.46% of the stock is currently owned by institutional investors.
Lands' End Company Profile
(
Get Free Report)
Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.
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