Flexsteel Industries (FLXS) Receiving Somewhat Favorable Press Coverage, Analysis Shows

Headlines about Flexsteel Industries (NASDAQ:FLXS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Flexsteel Industries earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news articles about the company an impact score of 43.4074626796525 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Flexsteel Industries (FLXS) opened at $50.40 on Monday. The company has a market capitalization of $395.40, a PE ratio of 16.58 and a beta of 2.03. Flexsteel Industries has a 52-week low of $43.25 and a 52-week high of $62.99.

In related news, Director Jeffrey T. Bertsch sold 1,510 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $50.00, for a total value of $75,500.00. Following the sale, the director now directly owns 195,659 shares in the company, valued at $9,782,950. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.00% of the stock is currently owned by insiders.

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About Flexsteel Industries

Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.

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