Flexsteel Industries, Inc. (NASDAQ:FLXS) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $20.85 and traded as low as $16.12. Flexsteel Industries shares last traded at $16.12, with a volume of 4,899 shares.
Several brokerages recently weighed in on FLXS. TheStreet downgraded shares of Flexsteel Industries from a “c” rating to a “d+” rating in a research note on Tuesday, April 30th. ValuEngine raised shares of Flexsteel Industries from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st.
The firm’s 50 day moving average is $17.09 and its two-hundred day moving average is $20.85. The stock has a market capitalization of $132.86 million, a PE ratio of 22.15 and a beta of 1.56.
Flexsteel Industries Company Profile (NASDAQ:FLXS)
Flexsteel Industries, Inc, together with its subsidiaries, manufactures, imports, and markets residential and contract upholstered and wood furniture products in the United States. It offers its products for use in home, hotel, healthcare, recreational vehicle, marine, and office applications. The company distributes its products through its sales force and independent representatives.
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