Steel Connect - STCN Stock Forecast, Price & News

Steel Connect, Inc., together with its subsidiaries, provides direct marketing and supply chain services in the United States, Mainland China, and internationally. The company provides data-driven marketing solutions, including strategy, data and analytics, response analysis, creative services, lithographic and digital printing, envelope printing and converting, component manufacturing, promotional cards, data processing and hygiene, content and asset management, personalization, lettershop and bindery, and postal optimization and omnichannel marketing campaigns, as well as provides business continuity and disaster recovery services. It also offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services. In addition, the company provides fulfillment services comprising order management, pick, pack and ship, retail compliance, and demand planning services; and reverse logistics services that simplifies the returns process for retailers and manufacturers, as well as operates a cloud-based e-commerce platform. Steel Connect, Inc. offers its supply chain services to customers in the consumer electronics, communications, computing, medical devices, software, and retail markets. The company was formerly known as ModusLink Global Solutions, Inc. and changed its name to Steel Connect, Inc. in February 2018. Steel Connect, Inc. was incorporated in 1986 and is headquartered in Smyrna, Tennessee.

Steel Connect Price Performance

Shares of Steel Connect stock opened at $1.35 on Thursday. The business has a fifty day simple moving average of $1.34 and a two-hundred day simple moving average of $1.28. Steel Connect has a 1 year low of $0.92 and a 1 year high of $2.45. The company has a market capitalization of $81.54 million, a price-to-earnings ratio of -3.37 and a beta of 0.55.

Steel Connect (NASDAQ:STCN - Get Rating) last posted its earnings results on Tuesday, June 14th. The technology company reported ($0.17) earnings per share for the quarter. The firm had revenue of $51.55 million during the quarter.