Shares of Kewaunee Scientific Corporation (NASDAQ:KEQU - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $47.40 and traded as high as $58.75. Kewaunee Scientific shares last traded at $58.25, with a volume of 10,830 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen raised Kewaunee Scientific from a "hold" rating to a "buy" rating in a report on Saturday, July 5th.
Check Out Our Latest Report on Kewaunee Scientific
Kewaunee Scientific Trading Up 2.2%
The firm has a fifty day simple moving average of $46.82 and a two-hundred day simple moving average of $47.39. The firm has a market capitalization of $173.58 million, a P/E ratio of 15.36 and a beta of 0.70. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.20 and a quick ratio of 1.59.
Kewaunee Scientific (NASDAQ:KEQU - Get Free Report) last announced its quarterly earnings data on Wednesday, June 25th. The technology company reported $1.95 earnings per share for the quarter. Kewaunee Scientific had a return on equity of 26.02% and a net margin of 4.74%. The business had revenue of $77.15 million during the quarter.
Hedge Funds Weigh In On Kewaunee Scientific
Large investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in shares of Kewaunee Scientific in the fourth quarter worth $300,000. Marshall Wace LLP bought a new position in shares of Kewaunee Scientific in the fourth quarter worth $736,000. American Century Companies Inc. boosted its stake in Kewaunee Scientific by 18.0% during the fourth quarter. American Century Companies Inc. now owns 34,293 shares of the technology company's stock valued at $2,122,000 after buying an additional 5,221 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in Kewaunee Scientific by 3.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 28,008 shares of the technology company's stock valued at $1,733,000 after buying an additional 891 shares during the period. Finally, Ritholtz Wealth Management grew its position in Kewaunee Scientific by 42.2% during the first quarter. Ritholtz Wealth Management now owns 17,949 shares of the technology company's stock worth $707,000 after buying an additional 5,330 shares in the last quarter. 32.69% of the stock is owned by institutional investors.
Kewaunee Scientific Company Profile
(
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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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