The picture was taken when the person was mentoring, which effective lower the stats of an item by a percentage until you stop mentoring. Hence the name in purple.
Sony seems to have lowered the stats for this item alot from what was reported before, which I'm guessing this might have happened in a recent live update.
Things that have remained the same are the required level and classes that can use this, armor type, slot, weight and it's still ATTUNABLE.
However the mitigation and bonuses seem to have been changed...
Before it was (as has been given on this page)...
Mitigation: 175. Stat Bonus: +5 int +5 str +20 health +18 power Resist Bonus: +168 vs divine +202 vs poison
Now they are...
Mitigation: 101 Stat Bonus: +4 int +4 str +19 health +17 power Resist Bonus: +60 vs divine +90 vs poison
So this item losses the following....
Mitigation Loss: 74 Stat Bonus Loss: 1 int 1 str 1 health 1 power Resist Bonus Loss: 108 vs divine 112 vs poison