What’s happening at Herman Miller, Inc. (NasdaqGS:MLHR)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 4.80% (or 2.28 points) to $49.74 from its previous close of $47.46. So is it the right moment to buy?
The shares had an increased trading volume of 1,128,909 contracts this session compared to the average daily volume of last 10 days of 548,412 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 433,609 contracts.
The indicator of a company’s profitability, the earnings per share ratio is 2.91. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is positive and tells you exactly how much money the company earned per share of its 59.1M outstanding stock.
The closing market price for this trading session was 73.55% over 52 weeks minimum price of $28.66 and 0.26% under 52 weeks maximum price of $49.87. Also the price is 12.18% greater than 200 day average of $44.34 and 4.21% greater than 50 day average of $47.73.
Latest news that might have contributed to the great perfomance of MLHR today are:
- Herman Miller (MLHR) Q2 Earnings Beat Estimates, published on Wed, 18 Dec 2019 22:25:10 +0000
- Steelcase Blows Past Buy Point As Earnings Beat; Herman Miller Sinks On Mixed Q2, published on Wed, 18 Dec 2019 21:19:12 +0000
- Herman Miller Reports Second Quarter Fiscal 2020 Results, published on Wed, 18 Dec 2019 21:05:00 +0000