Lumber Liquidators Rises On Unusually High Volume (LL)

NEW YORK ( TheStreet) -- Lumber Liquidators Holdings Inc (NYSE: LL) is trading at unusually high volume Friday with 1.5 million shares changing hands. It is currently at four times its average daily volume and trading up 45 cents (+2.5%) at $18.77 as of 10:58 a.m. ET.

Lumber Liquidators has a market cap of $707.7 million and is part of the services sector and retail industry. Shares are down 26.5% year to date as of the close of trading on Thursday.

Lumber Liquidators Holdings, Inc. operates as a specialty retailer of hardwood flooring in the United States. The company has a P/E ratio of 29.1, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lumber Liquidators as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth, expanding profit margins, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lumber Liquidators Ratings Report.

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