Tag: Virco Mfg. Corporation

  • Business Equipment: HNI Corp (NYSE:HNI), Steelcase (NYSE:SCS), Virco Mfg. Corporation (NASDAQ:VIRC), Kewaunee Scientific Corporation (NASDAQ:KEQU)

    HNI Corp. (NYSE:HNI) was upgraded by analysts at Thomson Reuters/Verus from a sell rating to a hold rating. HNI Corp (NYSE:HNI) shares after opening at $35.74 on last trade day and at the end of the day closed at $35.67. Company price to sales ratio in past twelve months was calculated as 0.78 and price to cash ratio as 22.26. HNI Corp (NYSE:HNI) showed a positive weekly performance of 2.88%.

    Steelcase Inc. (NYSE:SCS), has announced the company’s renewable energy investment is equivalent to 100% of its global electricity consumption. This long-term commitment makes Steelcase the 15th largest 100% renewable energy purchaser in the United States according to the U.S. EPA’s Green Power Partnership. It reflects the company’s larger energy strategy which has, to date, resulted in a 60% reduction in energy use since the company began tracking its consumption in 2001. Steelcase Inc. (NYSE:SCS) shares advanced 1.86% in last trading session and ended the day on $14.80. SCS return on equity ratio is recorded as 5.40% and its return on assets is 2.10%. Steelcase Inc. (NYSE:SCS) yearly performance is 1.58%.

    Virco Mfg. Corporation (NASDAQ:VIRC) shares moved up 2.95% in last trading session and was closed at $2.44, while trading in range of $2.40 – $2.45. Virco Mfg. Corporation (NASDAQ:VIRC) year to date (YTD) performance is 6.55%.

    Kewaunee Scientific Corporation (NASDAQ:KEQU) reported sales and earnings for its third quarter ended January 31, 2014. Net earnings for the quarter were $604,000, or $0.22 per diluted share, as compared to net earnings of $544,000, or $0.21 per diluted share, in the third quarter last year. Earnings for the quarter benefited from lower operating costs. Kewaunee Scientific Corporation (NASDAQ:KEQU) weekly performance is -0.61%. On last trading day company shares ended up $16.68. Kewaunee Scientific Corporation (NASDAQ:KEQU) distance from 50-day simple moving average (SMA50) is 0.73%.