1-800 FLOWERS.COM (NASDAQ:FLWS) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.80 and traded as high as $3.83. 1-800 FLOWERS.COM shares last traded at $3.73, with a volume of 125,757 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FLWS shares. Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. Zacks Research upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, June 24th. Finally, Noble Financial reiterated an “outperform” rating on shares of 1-800 FLOWERS.COM in a research report on Friday, May 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, 1-800 FLOWERS.COM has a consensus rating of “Hold” and a consensus target price of $3.75.

1-800 FLOWERS.COM Price Performance

The stock has a market cap of $239.09 million, a P/E ratio of -1.77 and a beta of 1.35. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61. The company’s fifty day simple moving average is $3.89 and its 200-day simple moving average is $3.80.

Institutional Trading of 1-800 FLOWERS.COM

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLWS. Quarry LP lifted its stake in 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 5,381 shares during the period. Jain Global LLC acquired a new stake in 1-800 FLOWERS.COM in the 4th quarter valued at $46,000. nVerses Capital LLC bought a new stake in 1-800 FLOWERS.COM in the fourth quarter valued at $48,000. Deutsche Bank AG bought a new stake in 1-800 FLOWERS.COM in the fourth quarter valued at $48,000. Finally, State of Wyoming grew its position in 1-800 FLOWERS.COM by 197.8% in the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock valued at $48,000 after acquiring an additional 6,531 shares during the period. Institutional investors own 38.43% of the company’s stock.

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.