FTD Companies, Inc. (NASDAQ:FTD) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.23 and last traded at $10.79, with a volume of 252244 shares changing hands. The stock had previously closed at $10.35.

Several equities research analysts recently issued reports on FTD shares. Zacks Investment Research upgraded shares of FTD Companies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. DA Davidson downgraded shares of FTD Companies from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $17.00 in a research note on Wednesday, August 9th. Finally, BidaskClub cut shares of FTD Companies from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $19.00.

The stock has a market cap of $285.09, a PE ratio of 7.90, a PEG ratio of 0.88 and a beta of 0.58. The company has a quick ratio of 0.73, a current ratio of 0.90 and a debt-to-equity ratio of 0.53.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its position in shares of FTD Companies by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,456 shares of the company’s stock valued at $109,000 after purchasing an additional 56 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of FTD Companies by 91.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock valued at $132,000 after purchasing an additional 3,152 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of FTD Companies by 16.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 8,916 shares of the company’s stock valued at $180,000 after purchasing an additional 1,244 shares during the period. Aperio Group LLC acquired a new position in shares of FTD Companies during the 3rd quarter valued at $142,000. Finally, Voya Investment Management LLC increased its position in shares of FTD Companies by 14.5% during the 2nd quarter. Voya Investment Management LLC now owns 11,591 shares of the company’s stock valued at $232,000 after purchasing an additional 1,465 shares during the period. Hedge funds and other institutional investors own 59.33% of the company’s stock.

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About FTD Companies

FTD Companies, Inc (FTD) is a floral and gifting company. The Company operates through four segments: Consumer, Florist, International and Provide Commerce. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada. Through its Florist segment, the Company is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada.

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