lululemon athletica (LULU) is Upgraded by Jefferies to Buy

lululemon athletica (LULU) is Upgraded by Jefferies to Buy , according to the research report released to the investors. Earlier the firm had a rating of Hold on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

Lululemon Athletica Inc. is up 4.36% in the last 3-month period. Year-to-Date the stock performance stands at -5.95%.The company shares have dropped -6.78% from its 1 Year high price. On Apr 10, 2015, the shares registered one year high at $70.00 and the one year low was seen on Nov 17, 2015. The 50-Day Moving Average price is $49.54 and the 200 Day Moving Average price is recorded at $56.65.

lululemon athletica inc. (NASDAQ:LULU) has dropped 1.35% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 6.69% in the last 4 weeks. The shares have underperformed the S&P 500 by 0.53% during the past week but lululemon athletica inc. (NASDAQ:LULU) has outperformed the index in 4 weeks by 9.18%.

lululemon athletica inc. (NASDAQ:LULU) : On Thursday heightened volatility was witnessed in lululemon athletica inc. (NASDAQ:LULU) which led to swings in the share price. The shares opened for trading at $51.71 and hit $53.54 on the upside , eventually ending the session at $52.47, with a gain of 1.71% or 0.88 points. The heightened volatility saw the trading volume jump to 1,747,146 shares. The 52-week high of the share price is $70 and the company has a market cap of $6,756 million. The 52-week low of the share price is at $43.14 .

Currently the company Insiders own 0.38% of lululemon athletica inc. shares according to the proxy statements. Institutional Investors own 99.28% of lululemon athletica inc. shares. During last six month period, the net percent change held by insiders has seen a change of 19.48%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Product Officer) of Lululemon Athletica Inc., Poseley Tara, had purchased 4,000 shares in a transaction dated on September 21, 2015. The transaction was executed at $53.51 per share with total amount equaling $214,040.

lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia. The Companys yoga-inspired apparel is marketed under the lululemon athletica brand name. The Company offers a range of performance apparel and accessories for women, men and female youth. Its apparel assortment, including items, such as fitness pants, shorts, tops and jackets, is designed for healthy lifestyle activities such as yoga, running and general fitness. The Companys fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs (DVDs) and water bottles. As of January 29, 2012, its branded apparel was principally sold through 174 stores that are located in Canada, the United States, Australia and New Zealand.