La-Z-Boy Incorporated (LZB) : $0.13 million worth of transactions were on upticks in La-Z-Boy Incorporated (LZB), compared to $0 million on downticks. The ratio between the two was 43.92, whereas, the net money flow stood at a healthy $0.13 million on Thursdays session. The consistent buying on upticks in the stock accounted for $0.1million worth of trades. The total money flow into the stock stood at $0.1 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.1%. The stock was trading at $29.18, with a drop of $0.03 over the previous days close. The stock recorded 2.53% for the week.
The stock has recorded a 20-day Moving Average of 6.73% and the 50-Day Moving Average is 10.58%. Shares have rallied 6.80% from its 1 Year high price. On Oct 13, 2015, the shares registered one year high at $29.34 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $26.77 and the 200 Day Moving Average price is recorded at $24.95.
La-Z-Boy Incorporated (NYSE:LZB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.28 and $29.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.26, notching a gain of 0.17% for the day. The total traded volume was 196,008 . The stock had closed at $29.21 on the previous day.
In an insider trading activity, Darrow Kurt L, director officer (Chairman, President & CEO) of La-Z-Boy Inc, unloaded 110,729 shares at an average price of $27.78 on June 30, 2016. The total amount of the transaction was worth $3,076,052, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
La-Z-Boy Incorporated manufactures, markets, imports, distributes and retails upholstery furniture products. In addition, the Company imports, distributes and retails accessories and case goods (wood) furniture products. The Company operates through segments including the Upholstery segment, the Casegoods segment and the Retail. Its Upholstery segment consists of two operating units: La-Z-Boy, and its England subsidiary. The Upholstery segment manufactures, imports, and exports upholstered furniture. The Companys Casegoods segment is an importer, marketer and distributor of casegoods (wood) furniture, such as bedroom sets, dining room sets, entertainment centers and occasional pieces, and also manufactures some coordinated upholstered furniture. The Casegoods segment consists of three brands: American Drew, Hammary, and Kincaid. Its Retail segment consists of 110 company owned La-Z-Boy Furniture Galleries stores. The Retail segment primarily sells upholstered furniture.