Shares of Lumber Liquidators Under Pressure, Down 1.9%

Published on Mon, 09/23/2013 - 13:31
By Adrienne Chilton in Market movers, LL, lumber liquidators, market movers, nyse:ll

One of today's notable stocks in decline is Lumber Liquidators (NYSE:LL), down 1.9% to $110.98. The S&P is trading lower by 0.4% to 1,703 and the Dow is trading 0.4% lower to 15,414.

Over the past year, Lumber Liquidators has traded in a range of $47.31 to $115.59 and is now at $110.98, 135% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 2.0% while the 50-day MA has advanced 3.0%.

Lumber Liquidators (NYSE:LL) defies analysts with a current price ($110.98) 25.1% above its average consensus price target of $83.14. Lumber Liquidators shares have support at the 50-day moving average (MA) of $97.72 and additional support at the 200-day MA of $75.96.

Lumber Liquidators, Inc. retails hardwood flooring in the United States. The Company sells domestic and exotic wood species in both prefinished and unfinished forms.

By Adrienne Chilton
achilton@fnno.com

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