Lumber Liquidators Holdings, In (NYSE:LL) Stock – Is it Oversold?

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Lumber Liquidators Holdings, In (NYSE:LL) is at oversold status with a 14-day RSI of 19.44.

The Relative Strength Index (RSI) is one of the most popular technical indicators used to evaluate strengthening and weakening momentum in price action. An RSI above 70 is an overbought indication and under 30 is considered oversold. Oversold is a condition that occurs when prices are considered too low and the stock may be ready to turn upword.

Volatility

Lumber Liquidators Holdings, In’s stock has a beta of 2.15 indicating it is higher in volatility than the market as a whole that has a beta of 1. Stocks with a beta lower than the market are considered to be less risky than the market while those with a higher beta may be more risky than the market.

The stock’s Average True Range (ATR) is currently 1.51. The ATR is a measure of volatility. It doesn’t indicate direction, just proclivity for motion.

Shares last traded at $30.18 which is much lower than $36.27, the 50 day moving average and which is a tad under the 200 day moving average of $30.58. The 50 day moving average was down $-6.09 or -16.79% and the 200 day average went down by -1.32%.

Lumber Liquidators Holdings, In news headlines.

Lumber Liquidators To Report Third Quarter 2017 Results On October 31, 2017
Lumber Liquidators Announces Memorandum of Understanding to Settle Class Actions Related to Chinese-Laminate Flooring
Lumber Liquidators Announces Third Quarter 2017 Financial Results.

Short Interest

Traders are more bullish on shares of Lumber Liquidators Holdings, In at least if you consider the decrease in short interest. The company realized a fall in short interest of -5.60% as of the latest report on October 13, 2017. Short shares fell from 4,671,213 to 4,409,475 over that period. With short interest at 4,409,475 and short average daily volume at 915,559, days to cover is 5.0 and the percentage of shorted shares is 0.16% as of October 13.

Recent Analyst Ratings

October 2 investment analysts at Morgan Stanley made no change to the company rating of “Equal-Weight” and raised the price target from $12.00 to $35.00. In the last earnings report the EPS was $-1.64 and is projected to be $-0.69 for the current year with 28,414,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.05 and the next full year EPS is anticipated to be $0.63.

Company Information

Lumber Liquidators Holdings, Inc., launched on November 12, 2009, is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. The Business’s product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services. The Company also features the renewable flooring products, bamboo and cork, and provides a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives and flooring tools. It operates in a holding company structure with Lumber Liquidators Holdings, Inc. serving as its parent company and certain direct and indirect subsidiaries, including Lumber Liquidators, Inc., Lumber Liquidators Services, LLC, Lumber Liquidators Production, LLC, and Lumber Liquidators Canada ULC, conducting its operations..