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

StockNews.com began coverage on shares of LL Flooring (NYSE:LL) in a research note released on Wednesday. The firm issued a sell rating on the specialty retailer’s stock.

LL Flooring Price Performance

Shares of NYSE LL opened at $1.51 on Wednesday. LL Flooring has a one year low of $1.46 and a one year high of $5.52. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.54 and a quick ratio of 0.12. The business’s fifty day moving average price is $1.86 and its 200-day moving average price is $2.74. The stock has a market capitalization of $46.57 million, a PE ratio of -0.42 and a beta of 1.89.

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

Hedge Funds Weigh In On LL Flooring

Several institutional investors have recently modified their holdings of the company. Jump Financial LLC lifted its holdings in LL Flooring by 36.0% in the 4th quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock worth $107,000 after buying an additional 7,228 shares during the period. Gladius Capital Management LP bought a new stake in shares of LL Flooring in the 3rd quarter worth $29,000. Values First Advisors Inc. boosted its stake in shares of LL Flooring by 18.7% in the 3rd quarter. Values First Advisors Inc. now owns 121,637 shares of the specialty retailer’s stock worth $386,000 after buying an additional 19,165 shares during the last quarter. Innovis Asset Management LLC purchased a new position in shares of LL Flooring in the 3rd quarter worth $87,000. Finally, Sierra Summit Advisors LLC purchased a new position in LL Flooring during the fourth quarter valued at $266,000. 54.33% of the stock is currently owned by institutional investors.

LL Flooring Company Profile

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.