Lumber Liquidators Holdings Inc (LL) has been under a strong bear grip, hence the stock is down -5.96% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.22% in the past 1 week. The stock has risen by 0.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.6% in the past 4 weeks.
Lumber Liquidators Holdings, Inc. is up 36.02% in the last 3-month period. Year-to-Date the stock performance stands at -5.82%. The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 3.63%.
Lumber Liquidators Holdings Inc (NYSE:LL): The stock opened at $16.72 on Friday but the bulls could not build on the opening and the stock topped out at $16.73 for the day. The stock traded down to $16.27 during the day, due to lack of any buying support eventually closed down at $16.35 with a loss of -2.74% for the day. The stock had closed at $16.81 on the previous day. The total traded volume was 652,463 shares.
Also, Equity Analysts at the Brokerage Firm, Wedbush, maintains their rating on the shares of Lumber Liquidators Holdings Inc (NYSE:LL). Wedbush has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $5 per share from a prior target of $13. The rating by the firm was issued on July 28, 2016.
Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is a retailer of hardwood flooring, and hardwood flooring enhancements and accessories in North America. The Companys product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. The Company offers wood flooring under18 brand names, led by Bellawood, a collection of solid and engineered hardwood flooring, bamboo flooring, moldings and accessories. The Company also offers a range of flooring enhancements and installation accessories, including moldings, noise-reducing underlay and tools. It offers around 400 different flooring product stock-keeping units. As of February 23, 2015, Lumber Liquidators operated around 354 stores located in 46 states of the United States and nine store locations in Canada.