Knoll Inc. (NYSE:KNL) went down by -0.09% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Business Equipment & Supplies giant went up by $11.51 to trade ended Thursday trading at $11.52. This is down from the $11.52 price recorded on Wednesday’s trading session. Thanks to this latest performance, KNL is closer to the higher price 52-week target of $12.00 and further from the lowest price target of $12.00. Its performance from the start of the year has also been negative, with KNL down by -54.43% year-to-date.
Knoll Inc. (KNL) started the day trading at $11.94 and recorded an intraday high of $12.19. It also recorded an intraday low of $11.48 during Thursday’s trading session. Knoll Inc. is a very active stock that recorded a trading volume that is less than -20.99% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 443714, which is less than -20.99 of the total average daily trading volume of 536.87K.
Knoll Inc. (NYSE:KNL) 2020 Performance Impressive
The increase in KNL’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of KNL currently stands at $28.30, which is higher than the current trading price of the stock by 59.33%. However, KNL’s current trading price is -48.71% lower than the 52-week low price of $7.74. In terms of trading volume, Knoll Inc. currently experienced healthy participation during the last trading session. 443714 shares of Knoll Inc. were traded on the stock exchange on Thursday, which is less than -20.99% of the 536.87K average trading volume of the stock.
The performance of the stock has been positive over the past year. KNL’s performance over the past one year has seen it plunge by -50.49%, while the stock has gone down by -53.96% in the last six months. The quarterly performance of KNL currently stands at 24.30%, and it is down by -3.68% in the last month. The only negative figure was from the weekly performance, which currently reads -0.17%. At the time of writing KNL’s report, the company has a total market cap of $593.11M, making it one of the largest publicly-traded companies in the world.Knoll Inc. also has over 3734 employees all over the world.
KNL Insider Activities
For Knoll Inc., insiders hold 90.60% of all company shares. The insider transactions over the past six months are up by 40.80%. During that period, insiders bought 266,862 shares in 22 transactions. In that same period, insiders sold 87,389 of their shares in 6 transactions. After these transactions, insiders at Knoll Inc. now hold 946.47k shares, which is over 91.28% of the total company stocks. Institutional investors currently hold a large chunk of the KNL shares, as they control 1.93% of the company’s total stock.
KNL Fundamental Analysis
For Knoll Inc., the stock’s diluted earnings per share (EPS) stands at 1.22. In the coming year, analysts expect the EPS to be 1.13. The EPS growth will up over the next five years to 14.00% after surging by 7.10% in the previous five years. In terms of revenue, Knoll Inc.’s quarterly sales (YOY) is growing at 0.07, which is lower than the average annual revenue of 7.10% over the past half a decade.
The Return on Investment (ROI) on Knoll Inc.’s stock currently stands at 9.80%, and it has a net profit margin of 4.20%. The operating margin of the company is 6.30%, and its gross margin is 38.20%.
KNL Analysts Prediction
Another analyst that has a Strong Buy rating for KNL is Raymond James, which set a price target of between $23 and $26.
Sidoti and Seaport Global Securities also believe that Knoll Inc.’s stock is outperforming at the moment.
At the moment, Knoll Inc.’s Total Debt to Equity ratio stands at 1.50, and they have a long-term Debt to Equity ratio of 1.46.
KNL Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of KNL currently stands at -7.64%, while the SMA50 is 1.18%. The biggest one is the SMA200, which is currently reading -40.70% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 46.45, while its price to earnings ratio (P/E) is 9.43.