FTD Companies (NASDAQ:FTD) has been downgraded from Buy to Neutral in a statement by B. Riley earlier today.
- Updated: September 16, 2016
B. Riley has downgraded FTD Companies(NASDAQ:FTD) from Buy to Neutral in a statement released on Friday September 16 2016.
Just yesterday FTD Companies (NASDAQ:FTD) traded 6.04% lower at $20.30. FTD Companies’s 50-day average is $24.02 and its 200-day average is $25.52. The last stock price is down 20.77% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. 73,283 shares of FTD Companies exchanged hands, down from ann avg. trading volume of 167,358.
FTD Companies has a one-year low of $16.86 and a 52 week high of $30.55 and has a market capitalization of $0.0.
A total of 4 analysts have released a report on FTD Companies. Two analysts rate the stock a strong buy, two analysts rate the company a buy, 0 firms rate the stock a hold, 0 rate the stock to underperform, and lastly 0 brokeragesrate the company as sell with an average target price of $38.25
Brief Synopsis On FTD Companies (NASDAQ:FTD)
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, it is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations. Its International segment consists of Interflora, which operates primarily in the United Kingdom and the Republic of Ireland. Through its Provide Commerce segment, FTD is a direct marketer of floral and gift products, including specialty foods, personalized gifts and other gifting products for consumers. Its portfolio of brands includes ProFlowers, ProPlants, Shari’s Berries, Personal Creations, RedEnvelope, Cherry Moon Farms, Flying Flowers, Flowers Direct, Sesame, Ink Cards, Postagram, and and Gifts.com.
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