Shares of HNI Corporation (NYSE:HNI) traded at a new 52-week high today of $43.20. Approximately 79,000 shares have changed hands today, as compared to an average 30-day volume of 607,000 shares.
HNI Corporation (NYSE:HNI) has potential upside of 0.4% based on a current price of $42.71 and analysts’ consensus price target of $42.87.
In the past 52 weeks, shares of HNI Corporation have traded between a low of $16.61 and a high of $43.20 and is now at $42.71, which is 157% above that low price.
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its office furniture segment, which consists of products such as panel-based and freestanding furniture systems and complementary products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. The hearth segment consists of products including gas-, wood-, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, mainland China, Hong Kong, India, and Taiwan.
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