Raymond James Financial Inc. downgraded HNI Corp (NYSE:HNI) to Market Perform in a report released today.
- Updated: September 20, 2016
Raymond James Financial Inc. has downgraded HNI Corp(NYSE:HNI) to Market Perform in a report released on 9/20/2016.
Just yesterday HNI Corp (NYSE:HNI) traded 0.00% even at $42.95. HNI Corp’s 50-day average is $53.92 and its 200-day average is $46.28. The last close is down 17.12% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. 6,175 shares of HNI Corp were exchanged, down from ann avg. trading volume of 185,152.
HNI Corp has a one-year low of $29.84 and a 52 week high of $56.96 with a P/E ratio of 22 and has a market capitalization of $0.0.
General Company Details For HNI Corp (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, and as well as through the Company-owned distribution and retail outlets.
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