Knoll Inc (NYSE:KNL) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded Knoll Inc (NYSE:KNL) to Sell in a statement released on 10/5/2016.
Having a price of $22.23, Knoll Inc (NYSE:KNL) traded -2.80% lower on the day. With the last stock price close down -10.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. KNL has recorded a 50-day moving average of $24.34 and a 200-day moving average of $23.94. Trade Volume was up over the average, with 444,520 shares of KNL changing hands over the typical 333,295
With a total market value of $0, Knoll Inc has PE ratio of 15.07 with a one year low of $16.42 and a one year high of $26.76 .
Also covering Knoll Inc's target price, a total of 2 firms have released a report on Knoll Inc. The 12-month price target is $25.00 with 2 brokerages rating the stock a strong buy, 1 firm rating the stock a buy, zero analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly zero analysts rating the company a sell.
More About Knoll Inc (NYSE:KNL)
Knoll, Inc. is a designer and manufacturer of furnishings, textiles and leather for the workplace and home. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes systems, seating, storage, tables, desks and KnollExtra ergonomic accessories, as well as the international sales of its North American Office products. The Studio segment includes its KnollStudio division, the Company's European subsidiaries, which primarily sell KnollStudio products, Richard Schultz Design and Holly Hunt Enterprises, Inc. The KnollStudio portfolio includes a range of lounge seating, side, cafe and dining chairs, and barstools. The Coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt), and Edelman Leather. It offers a portfolio of furniture, textiles and leathers across five product categories: office systems; office seating; files and storage; desks, casegoods and tables, and specialty products.
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