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

StockNews.com started coverage on shares of LL Flooring (NYSE:LL) in a report issued on Wednesday morning. The firm issued a sell rating on the specialty retailer’s stock.

LL Flooring Stock Down 0.7 %

Shares of NYSE:LL opened at $1.50 on Wednesday. LL Flooring has a 52-week low of $1.46 and a 52-week high of $5.52. The firm has a fifty day moving average of $1.83 and a 200 day moving average of $2.72. The company has a current ratio of 1.54, a quick ratio of 0.12 and a debt-to-equity ratio of 0.42.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Values First Advisors Inc. lifted its stake in LL Flooring by 27.2% in the fourth quarter. Values First Advisors Inc. now owns 154,754 shares of the specialty retailer’s stock worth $604,000 after purchasing an additional 33,117 shares during the last quarter. Innovis Asset Management LLC bought a new stake in LL Flooring in the third quarter worth $87,000. Gladius Capital Management LP bought a new stake in LL Flooring in the third quarter worth $29,000. Sierra Summit Advisors LLC bought a new stake in LL Flooring in the fourth quarter worth $266,000. Finally, Jump Financial LLC lifted its stake in LL Flooring by 36.0% in the fourth quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock worth $107,000 after purchasing an additional 7,228 shares during the last quarter. 54.33% of the stock is currently owned by hedge funds and other 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.