1-800 FLOWERS.COM (NASDAQ:FLWS) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Key Points

• 1-800 FLOWERS.COM shares rose above their 200-day moving average, trading as high as $4.17 and last changing hands at $4.08, compared with the $3.81 average.
• Analyst sentiment remains mixed: the stock has Buy, Hold and Sell ratings, resulting in a consensus “Hold” rating and an average price target of $3.75.
• Institutional investors own 38.43% of the company, while FLWS has a market capitalization of approximately $261.5 million and a negative P/E ratio of -1.93.

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.81 and traded as high as $4.17. 1-800 FLOWERS.COM shares last traded at $4.08, with a volume of 561,246 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on FLWS shares. Noble Financial restated an "outperform" rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, June 24th. Zacks Research raised 1-800 FLOWERS.COM from a "strong sell" rating to a "hold" rating in a research report on Monday, July 20th. Finally, Wall Street Zen upgraded 1-800 FLOWERS.COM from a "strong sell" rating to a "sell" rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, 1-800 FLOWERS.COM presently has a consensus rating of "Hold" and an average price target of $3.75.

1-800 FLOWERS.COM Price Performance

The company has a 50-day moving average price of $3.93 and a two-hundred day moving average price of $3.81. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.14 and a quick ratio of 0.49. The company has a market cap of $261.53 million, a PE ratio of -1.93 and a beta of 1.35.

Institutional Trading of 1-800 FLOWERS.COM

A number of hedge funds and other institutional investors have recently modified their holdings of FLWS. Quarry LP lifted its stake in shares of 1-800 FLOWERS.COM by 538,100.0% in the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 5,381 shares in the last quarter. State of Wyoming grew its stake in 1-800 FLOWERS.COM by 197.8% during the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer's stock valued at $48,000 after purchasing an additional 6,531 shares in the last quarter. Jain Global LLC purchased a new stake in 1-800 FLOWERS.COM during the 4th quarter worth approximately $46,000. Deutsche Bank AG purchased a new stake in 1-800 FLOWERS.COM during the 4th quarter worth approximately $48,000. Finally, nVerses Capital LLC purchased a new stake in 1-800 FLOWERS.COM during the 4th quarter worth approximately $48,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.

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