The stock of MillerKnoll Inc (NASDAQ:MLKN) last traded at $25.19, up 0.40% from the previous session.
MLKN stock price is now -4.46% away from the 50-day moving average and -2.77% away from the 200-day moving average. The market capitalization of the company currently stands at $1.80B.
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On September 29, 2022, Craig Hallum Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $50 to quote $20
In other news, Stutz Jeffrey M, Chief Fincl Officer sold 9,771 shares of the company’s stock on Dec 22 ’23. The stock was sold for $275,836 at an average price of $28.23. Upon completion of the transaction, the Chief Fincl Officer now directly owns 35,622 shares in the company, valued at $0.9 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 18 ’23, Director VOLKEMA MICHAEL A bought 13,584 shares of the business’s stock. A total of $230,246 was incurred on buying the stock at an average price of $16.95. This leaves the insider owning 200,670 shares of the company worth $5.05 million. A total of 1.05% of the company’s stock is owned by insiders.
During the past 12 months, MillerKnoll Inc has had a low of $13.99 and a high of $31.33. As of last week, the company has a debt-to-equity ratio of 1.26, a current ratio of 1.59, and a quick ratio of 0.95. According to the stock market information, the enterprise value for the company is $3446181376, which is based on a 25.97 price-to-earnings ratio, a 0.87 price-to-earnings-growth ratio, and a beta of 1.18. The fifty day moving average price for MLKN is $26.3246 and a two-hundred day moving average price translates $25.9382 for the stock.
The latest earnings results from MillerKnoll Inc (NASDAQ: MLKN) was released for 2024-03-02. The net profit margin was 1.96% and return on equity was 5.12% for MLKN. The company reported revenue of $872.3 million for the quarter, compared to $984.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.41 percent.
