Shares of Lumber Liquidators Under Pressure, Down 1.9%

Published on Mon, 08/17/2015 - 11:52
By Mallory Stone in Market movers, LL, lumber liquidators, market movers, nyse:ll

Lumber Liquidators (NYSE:LL) is a company whose shares are active, trading 1.4% higher to $14.21. The S&P is trading higher by 0.3% to 2,097 and the Dow is trading 0.2% higher to 17,518.

In the past 52 weeks, Lumber Liquidators share prices have been bracketed by a low of $11.62 and a high of $69.99 and are now at $14.21, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone down 2.2% while the 50-day MA has declined 4.1%.

Lumber Liquidators has overhead space with shares priced $14.21, or 48.2% below the average consensus analyst price target of $27.43. Lumber Liquidators shares should first meet resistance at the 50-day moving average (MA) of $19.10 and find additional resistance at the 200-day MA of $39.85.

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 Mallory Stone
mstone@fnno.com

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