Lands’ End (NASDAQ:LE) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Lands’ End, Inc. (NASDAQ:LE) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.49 and traded as low as $13.19. Lands’ End shares last traded at $13.57, with a volume of 79,409 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Lands’ End from a “buy” rating to a “strong-buy” rating in a report on Monday, December 9th.

Lands’ End Stock Performance

The stock has a market cap of $421.89 million, a PE ratio of -20.67 and a beta of 2.76. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45. The firm has a 50 day moving average of $15.49 and a two-hundred day moving average of $15.47.

Institutional Investors Weigh In On Lands’ End

Hedge funds have recently made changes to their positions in the business. Barclays PLC raised its stake in shares of Lands’ End by 82.3% during the third quarter. Barclays PLC now owns 29,940 shares of the company’s stock worth $517,000 after purchasing an additional 13,520 shares during the last quarter. Geode Capital Management LLC increased its stake in Lands’ End by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock valued at $5,432,000 after buying an additional 1,729 shares during the period. State Street Corp raised its position in Lands’ End by 0.9% during the 3rd quarter. State Street Corp now owns 294,053 shares of the company’s stock worth $5,078,000 after buying an additional 2,556 shares during the last quarter. Petrus Trust Company LTA lifted its stake in shares of Lands’ End by 33.9% in the 3rd quarter. Petrus Trust Company LTA now owns 38,100 shares of the company’s stock worth $658,000 after acquiring an additional 9,655 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Lands’ End by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock valued at $1,774,000 after acquiring an additional 3,288 shares in the last quarter. Institutional investors and hedge funds own 37.46% of the company’s stock.

About Lands’ End

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform 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.