Armstrong Flooring, Inc. (NYSE:AFI) observed a large drop in short interest in the thirty day period of November. As of November 30th, there was short interest totalling 202,000 shares, a drop of 26.2% from the November 15th full of 273,600 shares. Based on an ordinary daily trading quantity, of 145,200 shares, the short-interest ratio is at the moment 1.4 times. About 1.% of the company’s inventory are short sold.
Various hedge money have not too long ago included to or decreased their stakes in AFI. 22NW LP lifted its stake in shares of Armstrong Flooring by 44.2% in the 2nd quarter. 22NW LP now owns 3,086,673 shares of the development company’s inventory valued at $19,107,000 soon after getting an added 945,566 shares all through the final quarter. Gamco Investors INC. ET AL lifted its holdings in Armstrong Flooring by 6.8% in the 3rd quarter. Gamco Investors INC. ET AL now owns 2,004,146 shares of the construction firm’s inventory worth $6,273,000 following getting an additional 127,375 shares all through the period of time. Essex Expenditure Administration Co. LLC bought a new place in Armstrong Flooring in the 2nd quarter value $635,000. Gendell Jeffrey L lifted its holdings in Armstrong Flooring by 42.1% in the 2nd quarter. Gendell Jeffrey L now owns 306,693 shares of the design company’s stock well worth $1,898,000 soon after acquiring an added 90,922 shares throughout the period. Ultimately, Point out Avenue Corp elevated its holdings in Armstrong Flooring by 234.1% in the 2nd quarter. State Street Corp now owns 100,524 shares of the building firm’s inventory worth $622,000 right after acquiring an more 70,437 shares all through the interval. 83.32% of the inventory is owned by institutional buyers and hedge funds.
Shares of NYSE:AFI opened at $1.78 on Friday. The business has a fifty day moving normal of $2.43 and a two-hundred day relocating ordinary of $3.80. The organization has a industry capitalization of $38.64 million, a P/E ratio of -.72 and a beta of 2.61. Armstrong Flooring has a 12-thirty day period low of $1.70 and a 12-month significant of $6.96.
Armstrong Flooring (NYSE:AFI) final produced its quarterly earnings facts on Thursday, November 4th. The development organization described ($1.40) earnings for every share (EPS) for the quarter, missing the consensus estimate of ($.11) by ($1.29). Armstrong Flooring had a damaging web margin of 8.64% and a damaging return on equity of 38.18%. The business enterprise had profits of $168.50 million all through the quarter.
About Armstrong Flooring
Armstrong Flooring, Inc engages in the production of flooring merchandise. It operates by means of the Resilient Flooring and Wood Flooring segments. The Resilient Flooring segment types, manufactures, sources, and sells a variety of flooring coverings mostly for houses and business properties under many manufacturers, including the Armstrong manufacturer.
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