HNI Co. (NYSE:HNI) has been downgraded from Outperform to Market Perform in a statement by Raymond James earlier today.
- Updated: September 20, 2016
Displaying a price of $54.21, HNI Co. (NYSE:HNI) traded 0.00% even on the day. The last close is up 17.12% from the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $53.92 and a 200-day moving average of $46.28. Volume of trade was down over the average, with 6,175 shares of HNI changing hands under the typical 185,152
Raymond James has downgraded HNI Co. (NYSE:HNI) from Outperform to Market Perform in a statement released on 09/20/2016.
With a total market value of $0, HNI Co. has price-earnings ratio of 21.57 with a one year low of $29.84 and a one year high of $56.96 .
More About HNI Co. (NYSE:HNI)
HNI Corporation is a provider of office furniture and hearth products. The Company manufactures and markets gas and wood burning fireplaces. It operates through two segments: office furniture and hearth products. Its office furniture segment manufactures and markets a range of metal and wood commercial and home office furniture, which includes storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions, and panel systems and other related products. Its hearth products segment manufactures and markets a range of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories, principally for the home. Its office furniture products are sold through dealers, wholesalers and office product distributors, and are also sold directly to end user customers, and federal, state and local governments. Its hearth products are sold through dealers and distributors, as well as through the Company-owned distribution and retail outlets.
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