Flexsteel Industries (FLXS) Reaches New 52-Week Low at $33.01
Flexsteel Industries, Inc. (NASDAQ:FLXS)’s share price reached a new 52-week low on Thursday . The company traded as low as $33.01 and last traded at $34.57, with a volume of 1816 shares traded. The stock had previously closed at $34.20.
A number of equities analysts have recently weighed in on FLXS shares. BidaskClub cut shares of Flexsteel Industries from a “hold” rating to a “sell” rating in a research note on Friday, May 11th. TheStreet cut shares of Flexsteel Industries from a “b-” rating to a “c+” rating in a research note on Tuesday, May 15th.
The company has a market capitalization of $268.64 million, a price-to-earnings ratio of 15.13 and a beta of 1.79.
Flexsteel Industries Company Profile (NASDAQ:FLXS)
Flexsteel Industries, Inc, together with its subsidiaries, manufactures, imports, and markets residential and contract upholstered and wood furniture products in the United States. It offers sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture for use in home, office, hotel, healthcare, and other commercial applications.
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