Kewaunee Scientific (NASDAQ:KEQU – Get Free Report) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a note issued to investors on Friday.
Kewaunee Scientific Trading Down 2.9 %
Shares of Kewaunee Scientific stock traded down $1.38 during trading on Friday, reaching $45.52. 12,920 shares of the stock were exchanged, compared to its average volume of 14,899. The company has a quick ratio of 1.76, a current ratio of 2.28 and a debt-to-equity ratio of 0.61. The stock’s fifty day moving average is $45.33 and its 200 day moving average is $37.46. The firm has a market cap of $129.28 million, a price-to-earnings ratio of 7.17 and a beta of 0.77. Kewaunee Scientific has a 1 year low of $15.06 and a 1 year high of $55.62.
Kewaunee Scientific (NASDAQ:KEQU – Get Free Report) last posted its earnings results on Wednesday, June 26th. The technology company reported $1.55 earnings per share for the quarter. The company had revenue of $56.70 million during the quarter. Kewaunee Scientific had a net margin of 9.20% and a return on equity of 28.58%.
Hedge Funds Weigh In On Kewaunee Scientific
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.
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