At the end of the latest market close, Steelcase Inc. (SCS) was valued at $10.17. In that particular session, Stock kicked-off at the price of $10.22 while reaching the peak value of $10.41 and lowest value recorded on the day was $9.965. The stock current value is $10.02.
Recently in News on September 2, 2020, Steelcase to Webcast Second Quarter Conference Call. Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2021 financial results on Wednesday, September 23, 2020 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, September 22, 2020, after the market closes. You can read further details here
Steelcase Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $20.64 on 01/02/20, with the lowest value was $7.02 for the same time period, recorded on 03/18/20.
Steelcase Inc. (SCS) full year performance was -40.21%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Steelcase Inc. shares are logging -56.47% during the 52-week period from high price, and 42.74% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $7.02 and $23.02.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 4160718 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Steelcase Inc. (SCS) recorded performance in the market was -51.03%, having the revenues showcasing -20.10% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.14B, as it employees total of 12700 workers.
Market experts do have their say about Steelcase Inc. (SCS)
During the last month, 0 analysts gave the Steelcase Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.11, with a change in the price was noted +0.53. In a similar fashion, Steelcase Inc. posted a movement of +5.58% for the period of last 100 days, recording 841,231 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SCS is recording 0.83 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.55.
Technical breakdown of Steelcase Inc. (SCS)
Raw Stochastic average of Steelcase Inc. in the period of last 50 days is set at 20.75%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.16%. In the last 20 days, the company’s Stochastic %K was 27.00% and its Stochastic %D was recorded 17.31%.
Bearing in mind the latest performance of Steelcase Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -51.03%. Additionally, trading for the stock in the period of the last six months notably improved by 5.03%, alongside a downfall of -40.21% for the period of the last 12 months. The shares increased approximately by -0.99% in the 7-day charts and went up by -12.11% in the period of the last 30 days. Common stock shares were lifted by -20.10% during last recorded quarter.