Lumber Liquidators Holdings Inc (LL) Shares are Up 4.55%

Lumber Liquidators Holdings Inc (LL) has been under a strong bear grip, hence the stock is down -3.56% 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 4.49% in the past 1 week. The stock has risen by 4.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.57% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.25% and the 50-Day Moving Average is 5.17%. Lumber Liquidators Holdings Inc (NYSE:LL): stock turned positive on Friday. Though the stock opened at $16.11, the bulls momentum made the stock top out at $16.52 level for the day. The stock recorded a low of $16.11 and closed the trading day at $16.32, in the green by 0.55%. The total traded volume for the day was 634,163. The stock had closed at $16.23 in the previous days trading.


The company Insiders own 4% of Lumber Liquidators Holdings Inc shares according to the proxy statements. Institutional Investors own 74.25% of Lumber Liquidators Holdings Inc shares. Also, Wedbush maintains its view on Lumber Liquidators Holdings Inc (NYSE:LL) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Wedbush raises the price target from $13 per share to $5 per share on Lumber Liquidators Holdings Inc. 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.

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