LL Flooring (NYSE:LL) Coverage Initiated by Analysts at StockNews.com

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

LL Flooring Trading Up 0.6 %

Shares of LL stock opened at $1.66 on Thursday. LL Flooring has a 1-year low of $1.46 and a 1-year high of $5.52. The company has a market cap of $50.91 million, a price-to-earnings ratio of -0.46 and a beta of 1.85. 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 stock has a 50 day simple moving average of $1.79 and a 200-day simple moving average of $2.65.

LL Flooring (NYSE:LL) last released its earnings results on Friday, March 1st. The specialty retailer reported ($0.64) EPS for the quarter. The company had revenue of $211.78 million for 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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LL. Jump Financial LLC increased its holdings in shares of LL Flooring by 36.0% during 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 last quarter. Gladius Capital Management LP purchased a new position in LL Flooring in the third quarter worth approximately $29,000. Values First Advisors Inc. increased its stake in LL Flooring by 18.7% during the third quarter. Values First Advisors Inc. now owns 121,637 shares of the specialty retailer’s stock worth $386,000 after acquiring an additional 19,165 shares during the last quarter. Innovis Asset Management LLC purchased a new stake in LL Flooring in the third quarter valued at $87,000. Finally, Sierra Summit Advisors LLC acquired a new position in shares of LL Flooring in the 4th quarter valued at $266,000. Institutional investors and hedge funds own 54.33% of the company’s stock.

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.