StockNews.com downgraded shares of Kewaunee Scientific (NASDAQ:KEQU – Free Report) from a buy rating to a hold rating in a report issued on Wednesday morning.
Kewaunee Scientific Stock Down 2.1 %
Kewaunee Scientific stock opened at $32.18 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.00 and a current ratio of 2.53. Kewaunee Scientific has a 52-week low of $16.51 and a 52-week high of $55.62. The firm has a 50 day moving average price of $40.63 and a two-hundred day moving average price of $41.55. The firm has a market cap of $91.39 million, a price-to-earnings ratio of 5.07 and a beta of 0.72.
Kewaunee Scientific (NASDAQ:KEQU – Get Free Report) last released its quarterly earnings results on Wednesday, September 11th. The technology company reported $0.93 earnings per share (EPS) for the quarter. Kewaunee Scientific had a net margin of 9.13% and a return on equity of 25.87%. The firm had revenue of $48.39 million during the quarter.
Institutional Inflows and Outflows
About Kewaunee Scientific
Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.
Featured Stories
- Five stocks we like better than Kewaunee Scientific
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- What is the Nikkei 225 index?
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- What is a Secondary Public Offering? What Investors Need to Know
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Kewaunee Scientific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kewaunee Scientific and related companies with MarketBeat.com's FREE daily email newsletter.