The stock of Knowles Corp (NYSE:KN) last traded at $20.37, up 1.85% from the previous session.
KN stock price is now 4.75% away from the 50-day moving average and 14.09% away from the 200-day moving average. The market capitalization of the company currently stands at $1.79B.
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With the price target reduced from $20 to $17, ROTH Capital Downgraded its rating from Buy to Neutral for Knowles Corp (NYSE: KN). On February 10, 2022, Colliers Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $25.50, while ‘Susquehanna’ rates the stock as ‘Neutral’
In other news, Anderson John S., Senior Vice President & CFO sold 10,443 shares of the company’s stock on Nov 25 ’24. The stock was sold for $203,638 at an average price of $19.50. Upon completion of the transaction, the Senior Vice President & CFO now directly owns 200,757 shares in the company, valued at $4.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Officer JOHN S ANDERSON bought 10,443 shares of the business’s stock. A total of $203,638 was incurred on buying the stock at an average price of $19.50. A total of 2.42% of the company’s stock is owned by insiders.
During the past 12 months, Knowles Corp has had a low of $14.97 and a high of $20.85. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 2.35, and a quick ratio of 1.67. The fifty day moving average price for KN is $19.4454 and a two-hundred day moving average price translates $17.85395 for the stock.
The latest earnings results from Knowles Corp (NYSE: KN) was released for 2024-09-30. The net profit margin was -27.83% and return on equity was -22.61% for KN. The company reported revenue of $142.5 million for the quarter, compared to $108.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.82 percent. For the current quarter, analysts expect KN to generate $146M in revenue.
