Shares of Steelcase Inc. (NYSE:SCS) traded at a new 52-week high today of $16.05. This new high was reached on below average trading volume as 245,000 shares traded hands, while the average 30-day volume is approximately 584,000 shares.
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions.
In the past 52 weeks, Steelcase Inc. share prices are bracketed by a low of $7.02 and a high of $16.05 and is now at $15.61, 122% above that low price.
Steelcase Inc. (NYSE:SCS) has potential upside of 123.3% based on a current price of $15.61 and analysts’ consensus price target of $34.86.
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