Knoll (KNL) has been under a strong bear grip, hence the stock is down -12.45% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.76% in the past 1 week. The stock has risen by 0.93% in the past week indicating that the buyers are active at lower levels, but the stock is down -12.92% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 5.44% and the 50-Day Moving Average is 8.27%.The 200 Day SMA reached 3.75%
Knoll (NYSE:KNL): The stock opened in the green at $22.51 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $23.11 and a low of $22.5 for the day. The stock did not find buyers even at the lows and closed at $22.85 recording a loss of -0.65%. 1,464,274 shares exchanged hands during the trading day. The stock had closed at $22.85 in the previous days trading.
Knoll, Inc. is a designer and manufacturer of furnishings, textiles and leather for the workplace and home. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes systems, seating, storage, tables, desks and KnollExtra ergonomic accessories, as well as the international sales of its North American Office products. The Companys Studio segment includes its KnollStudio division, the Companys European subsidiaries, which primarily sell KnollStudio products, Richard Schultz Design and, as of February 3, 2014, Holly Hunt Enterprises, Inc. The Coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt) and Edelman Leather. The Company offers its portfolio of furniture, textiles and leathers across five product categories: office systems; office seating; files and storage; desks, casegoods and tables, and specialty products. The Company markets its products under the Knoll and HOLLY HUNT brands.