LL Flooring (NYSE:LL) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of LL Flooring (NYSE:LL) in a report issued on Tuesday. The firm set a “sell” rating on the specialty retailer’s stock.

LL Flooring Price Performance

Shares of LL Flooring stock opened at $1.68 on Tuesday. The company has a quick ratio of 0.12, a current ratio of 1.54 and a debt-to-equity ratio of 0.42. LL Flooring has a twelve month low of $1.61 and a twelve month high of $5.52. The business has a 50-day moving average price of $1.96 and a 200 day moving average price of $2.80. The firm has a market cap of $51.81 million, a PE ratio of -0.47 and a beta of 1.89.

LL Flooring (NYSE:LL) last announced its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) earnings per share for the quarter. LL Flooring had a negative net margin of 11.44% and a negative return on equity of 44.10%. The business had revenue of $211.78 million during the quarter.

Institutional Investors Weigh In On LL Flooring

Large investors have recently bought and sold shares of the company. Ronald Blue Trust Inc. purchased a new stake in shares of LL Flooring in the third quarter valued at approximately $55,000. Values First Advisors Inc. grew its position in shares of LL Flooring by 27.2% in the fourth quarter. Values First Advisors Inc. now owns 154,754 shares of the specialty retailer’s stock valued at $604,000 after purchasing an additional 33,117 shares in the last quarter. Barclays PLC grew its position in shares of LL Flooring by 45.3% in the second quarter. Barclays PLC now owns 32,294 shares of the specialty retailer’s stock valued at $123,000 after purchasing an additional 10,074 shares in the last quarter. Innovis Asset Management LLC purchased a new stake in shares of LL Flooring in the third quarter valued at approximately $87,000. Finally, Gladius Capital Management LP purchased a new stake in shares of LL Flooring in the third quarter valued at approximately $29,000. 54.33% of the stock is currently owned by hedge funds and other institutional investors.

About LL Flooring

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.