Lands’ End (NASDAQ:LE) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Lands’ End, Inc. (NASDAQ:LE) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Analysts Set New Price Targets

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

Lands’ End Trading Up 2.5 %

The company has a market capitalization of $419.72 million, a P/E ratio of -20.56 and a beta of 2.76. The company has a 50-day simple moving average of $15.71 and a 200 day simple moving average of $15.49. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74.

Hedge Funds Weigh In On Lands’ End

Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its holdings in shares of Lands’ End by 8.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 53,245 shares of the company’s stock worth $724,000 after acquiring an additional 4,334 shares during the period. Acadian Asset Management LLC acquired a new stake in Lands’ End during the second quarter valued at approximately $2,012,000. ClariVest Asset Management LLC bought a new stake in shares of Lands’ End in the 2nd quarter valued at approximately $1,424,000. American Century Companies Inc. raised its holdings in shares of Lands’ End by 111.2% in the 2nd quarter. American Century Companies Inc. now owns 205,087 shares of the company’s stock worth $2,787,000 after buying an additional 107,966 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. bought a new position in shares of Lands’ End during the 2nd quarter worth approximately $540,000. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Company Profile

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.