MillerKnoll Inc (NASDAQ:MLKN) currently has a daily average trading volume of 631.66K but it saw 454626 shares traded in last market. With a market cap of 1.06B USD, the company’s current market price of $15.72 came rising about 0.26 while comparing to the previous closing price of $15.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.73 and as low as $15.43. In the recent trading on the day, stock has struck highest price mark of $15.625 while lowest mark touched by it was $15.93.
Taking a look at 20-day trading activity of MillerKnoll Inc (MLKN) gives us an average price of $17.72, while its current price level is -50.46% below from 52-week high level whereas it is 1.88% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.78 while that of 200 days or SMA-200 reads an average of $23.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.26% during that period while stretching the period over a month that increases to 5.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.92 which implies that the stock is in neutral territory.
Craig Hallum downgraded its recommendation for the stock as a “Hold” from “Buy” on September 29, 2022 while assigning a price target range of $50-$20.
Over the week, MLKN’s stock price is moving -5.02% down while it is -18.42% when we observe its performance for the past one month. Year-to-date it is -30.41% down and over the past year, the stock is showing a downside performance of -35.99%.
Currently, MillerKnoll Inc’s total number of outstanding shares is 67.74M. Company’s return on investment (ROI) stands at 1.03% and return on equity (ROE) at 2.28%. It has a price to earnings ratio (P/E ratio) of 37.01 while having a 8.66 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is 0.75% on average.
