What’s happening at Steelcase Inc. (NYSE:SCS)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 16.40% (or 3.13 points) to $22.21 from its previous close of $19.08. So is it the right moment to buy?
The shares had an increased trading volume of 7,588,046 contracts this session compared to the average daily volume of last 10 days of 1,578,987 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 889,981 contracts.
The indicator of a company’s profitability, the earnings per share ratio is 1.30. 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 88.8M outstanding stock.
The closing market price for this trading session was 59.10% over 52 weeks minimum price of $13.96 and 3.52% under 52 weeks maximum price of $23.02. Also the price is 28.57% greater than 200 day average of $17.28 and 20.99% greater than 50 day average of $18.36.
Latest news that might have contributed to the great perfomance of SCS today are:
- Steelcase Blows Past Buy Point As Earnings Beat; Herman Miller Sinks On Mixed Q2, published on Wed, 18 Dec 2019 21:19:12 +0000
- Dow Jones Today Up As Nike Jumps: FedEx Tumbles; Steelcase, Spotify Eye Breakouts, published on Wed, 18 Dec 2019 14:55:22 +0000
- Bullish Results, Guidance Boost Steelcase Shares 18%, published on Wed, 18 Dec 2019 13:40:00 +0000