Business Equipment Stocks (HNI, MLHR, PBI, XRX, KNL)
October 4th, 2011 at 5:35 am Posted by The Dean
HNI Corporation (NYSE:HNI) jumped up 2.51% and closed at $31.39. Total traded volume was 278k shares compared to total average daily volume of 169k shares. The 52-week range for the stock is $22.80 and $35.29. The Company has Price/Sales ratio of 0.83 and Price/Book ratio of 3.42.
Herman Miller Inc (NASDAQ:MLHR) moved up 9.16% and closed at $025.26. Compared to its average volume of 307k shares, today a total 1.29 million shares were traded. The company reported EPS for second quarter of $0.26 versus the analyst estimate of $0.28. Revenue for the quarter was $412.2 million in the second quarter.
Pitney Bowes Inc (NYSE:PBI) is up 1.07% and closed at $24.46 on a traded volume of 2.57 million shares. The Company announced a new agreement in which Pitney Bowes will provide nationwide on-site repair and maintenance services to SEM and its U.S. customers.
Xerox Corporation (NYSE:XRX) among the gainers. The stock increased 1.81% and closed at $11.81 on a thickly traded volume of 8.08 million shares. The 52-week range for the stock is $7.67 and $12.08. The 50-Day Moving Average and 200-Day Moving Average prices is $11.68 and $10.03 respectively.
Knoll Inc (NYSE:KNL) soared 4.01% and closed at $15.83. So far this year, the stock is up over 53%. The 52-week range for the stock is $9.49 and $17.45.
