Kewaunee Scientific Co. (NASDAQ:KEQU) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 2,900 shares, a decline of 32.6% from the March 15th total of 4,300 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is currently 0.9 days.
NASDAQ:KEQU traded up $0.04 during midday trading on Friday, hitting $12.10. 1,588 shares of the stock were exchanged, compared to its average volume of 3,649. The business has a 50-day moving average price of $12.34 and a two-hundred day moving average price of $10.90. The company has a market capitalization of $33.43 million, a price-to-earnings ratio of -8.74 and a beta of 0.61. Kewaunee Scientific has a one year low of $7.70 and a one year high of $13.45.
Kewaunee Scientific (NASDAQ:KEQU) last released its earnings results on Wednesday, March 10th. The technology company reported $0.03 earnings per share (EPS) for the quarter. Kewaunee Scientific had a negative return on equity of 9.52% and a negative net margin of 2.61%. The firm had revenue of $33.34 million for the quarter.
About Kewaunee Scientific
Kewaunee Scientific Corp. engages in the design, manufacture, and installation of laboratory, healthcare, technical furniture, and infrastructure products. It operates through the following segments: Domestic, and international. The Domestic segment designs, manufactures, and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, worksurfaces, workstations, workbenches, and computer enclosures.
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