Armstrong Flooring Inc. (AFI) Plunges 8.33% on October 28

Equities Staff  |

Armstrong Flooring Inc. (AFI) had a rough trading day for Wednesday October 28 as shares tumbled 8.33%, or a loss of $-0.3 per share, to close at $3.30. After opening the day at $3.53, shares of Armstrong Flooring Inc. traded as high as $3.60 and as low as $3.26. Volume was 618,201 shares over 3,352 trades, against an average daily volume of n/a shares and a total float of 21.59 million.

As a result of the decline, Armstrong Flooring Inc. now has a market cap of $71.26 million. In the last year, shares of Armstrong Flooring Inc. have traded between a range of $6.75 and $1.12, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Armstrong Flooring Inc., check out’s Stock Valuation Analysis report for AFI.

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Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings primarily for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.

Armstrong Flooring Inc. is based out of Lancaster, PA and has some 1,500 employees. Its CEO is Michel S. Vermette.

Armstrong Flooring Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Armstrong Flooring Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AFI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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