La-Z-Boy Inc. (LZB) Drops 7.54% on January 27

Equities Staff |

La-Z-Boy Inc. (LZB) was one of the Russell 2000's biggest losers for Wednesday January 27 as the stock slid 7.54% to $20.23, a loss of $-1.65 per share. Starting at an opening price of $21.34 a share, the stock traded between $20.23 and $21.34 over the course of the trading day. Volume was 704,957 shares over 4,473 trades, against an average daily volume of 368,562 shares and a total float of 50.19 million.

The losses send La-Z-Boy Inc. down to a market cap of $1.02 billion. In the last year, La-Z-Boy Inc. has traded between $29.34 and $20.30, and its 50-day SMA is currently $24.46 and 200-day SMA is $26.24.

The stock has a P/E Ratio of 15.6.

La-Z-Boy Inc through its subsidiaries manufactures, markets, imports, distributes and retails upholstery furniture products. In addition, it imports, distributes and retails accessories and wood furniture products.

La-Z-Boy Inc. is based out of Monroe, MI and has some 8,270 employees. Its CEO is Kurt L. Darrow.

For a complete fundamental analysis analysis of La-Z-Boy Inc., check out’s Stock Valuation Analysis report for LZB. To see the latest independent stock recommendations from’s analysts, visit our Research section.

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.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Altair Resources Inc.

Altair Resources Inc, formerly Altair Gold Inc acquires, explores and develops mineral properties in Canada. The Company is in the process of exploring its mineral properties.

Private Markets


Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…

Ozobot by Evollve Inc

Ozobot is a world leader in compact super intelligent robots that entertain and educate through fun interactive gaming.