Kewaunee Scientific (NASDAQ:KEQU – Get Free Report) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday.
Kewaunee Scientific Trading Down 2.1 %
Shares of NASDAQ KEQU traded down $0.70 during midday trading on Wednesday, hitting $32.18. The stock had a trading volume of 13,024 shares, compared to its average volume of 17,437. Kewaunee Scientific has a 1-year low of $16.51 and a 1-year high of $55.62. The company has a fifty day moving average price of $40.63 and a 200 day moving average price of $41.55. The company has a market capitalization of $91.39 million, a price-to-earnings ratio of 5.07 and a beta of 0.72. The company has a quick ratio of 2.00, a current ratio of 2.53 and a debt-to-equity ratio of 0.48.
Kewaunee Scientific (NASDAQ:KEQU – Get Free Report) last issued its quarterly earnings data on Wednesday, September 11th. The technology company reported $0.93 earnings per share for the quarter. The firm had revenue of $48.39 million during the quarter. Kewaunee Scientific had a return on equity of 25.87% and a net margin of 9.13%.
Institutional Investors 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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