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

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)’s share price passed 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FLWS shares. Noble Financial reissued an “outperform” rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, June 24th. Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Finally, Zacks Research upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One investment 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. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $3.75.

1-800 FLOWERS.COM Trading Down 1.2%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.49 and a current ratio of 1.14. The firm has a market cap of $254.48 million, a price-to-earnings ratio of -1.88 and a beta of 1.35. The business has a fifty day simple moving average of $3.92 and a 200-day simple moving average of $3.81.

Institutional Trading of 1-800 FLOWERS.COM

Institutional investors have recently modified their holdings of the business. Quarry LP increased its holdings in 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 valued at $25,000 after purchasing an additional 5,381 shares during the period. State of Wyoming increased its stake in shares of 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 buying an additional 6,531 shares during the period. Jain Global LLC bought a new position in shares of 1-800 FLOWERS.COM during the fourth quarter worth about $46,000. Deutsche Bank AG bought a new stake in 1-800 FLOWERS.COM in the fourth quarter valued at approximately $48,000. Finally, nVerses Capital LLC acquired a new stake in 1-800 FLOWERS.COM during the 4th quarter valued at approximately $48,000. Institutional investors own 38.43% of the company’s stock.

About 1-800 FLOWERS.COM

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.