Lands' End (NASDAQ:LE) Share Price Crosses Above 50 Day Moving Average of $9.94

Lands' End, Inc. (NASDAQ:LE - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.94 and traded as high as $13.11. Lands' End shares last traded at $12.84, with a volume of 123,816 shares.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum upgraded Lands' End from a "hold" rating to a "buy" rating and upped their price target for the stock from $9.00 to $15.00 in a report on Thursday, March 28th.

Lands' End Trading Up 0.5 %

The company has a fifty day simple moving average of $9.94 and a two-hundred day simple moving average of $8.64. The company has a current ratio of 1.58, a quick ratio of 0.42 and a debt-to-equity ratio of 0.98. The company has a market cap of $406.22 million, a PE ratio of -3.15 and a beta of 2.97.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LE. Barclays PLC lifted its position in Lands' End by 25.3% during the 3rd quarter. Barclays PLC now owns 13,914 shares of the company's stock worth $104,000 after acquiring an additional 2,810 shares during the period. Bank of New York Mellon Corp lifted its position in Lands' End by 17.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 68,713 shares of the company's stock worth $513,000 after acquiring an additional 10,418 shares during the period. Strs Ohio lifted its position in Lands' End by 6.1% during the 3rd quarter. Strs Ohio now owns 34,600 shares of the company's stock worth $258,000 after acquiring an additional 2,000 shares during the period. Gamco Investors INC. ET AL lifted its position in Lands' End by 21.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 285,000 shares of the company's stock worth $2,129,000 after acquiring an additional 51,000 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Lands' End by 40.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,340 shares of the company's stock valued at $219,000 after buying an additional 8,501 shares during the period. Hedge funds and other institutional investors own 37.46% of the company's stock.

Lands' End Company Profile

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.