As of Wednesday close, Knowles Corporation’s (NYSE:KN) stock was down -$0.34, moving down -2.04 percent to $16.34. The average number of shares traded per day over the past five days has been 978,860 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.11 fall in that time frame. In the last twenty days, the average volume was 769,275, while in the previous 50 days, it was 631,616.
Since last month, KN stock rose 4.41%. Shares of the company fell to $15.35 on 05/09/23, the lowest level in the past month. A 52-week high of $20.25 was reached on 02/02/23 after having rallying from a 52-week low of $11.57. Since the beginning of this year, KN’s stock price has dropped by -0.49% or -$0.08, and marked a new high 13 times. However, the stock has declined by -19.31% since its 52-week high.
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KN stock investors should be aware that Knowles Corporation (KN) stock had its last reported insider trading activity 7 days ago on May 18. SHAVERS CHERYL L, the Director of the company, disposed of 12,205 shares for $16.61 on May 18. It resulted in a $202,725 divestment by the insider. Cabrera Raymond D. sold 8,490 shares at an average price of $16.36 on May 03. The insider now owns 89,202 shares following the transaction. On Nov 02, Director Crowley Daniel J bought 2,000 shares at $13.97 apiece. The transaction was valued at $27,940.
The stock’s beta is 1.46. Besides these, the trailing price-to-sales (P/S) ratio of 2.13, the price-to-book (PB) ratio of 1.51, and the price-to-cash flow ratio of 19.23 may also be considered.
In the three months ended March 30, Knowles Corporation’s quick ratio stood at 1.40, while its current ratio was 3.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.05. On the profitability front, the trailing twelve-month gross margin is 39.40% percent. In the year ended March 30, EBITDA margin amounted to 20.44%, whereas operating margins totaled -61.80%. Based on annual data, KN earned $276.3 million in gross profit and brought in $764.7 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -41.00%. Return on equity (ROE) for the past 12 months was -41.60%.
In Knowles Corporation’s quarter-end financial report for March 30, it reported total debt of $45.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KN’s revenue fell -62.37% to $178.2 million during the quarter, while net income inched up to $144.3 million. While analysts expected Knowles Corporation to report $0.04 quarterly earnings, the actual figure was $0.05 per share, beating the consensus estimate by 25.00%. During the quarter, the company generated $11.4 million in EBITDA. The liabilities of Knowles Corporation were 208.1 million at the end of its most recent quarter ended March 30, and its total debt was $59.3 million. The value of shareholders’ equity is $91.38 million.
This quick technical analysis looks at Knowles Corporation’s (KN) price momentum. With a historical volatility rate of 21.38%, the RSI 9-day stood at 50.56% on 24 May.
With respect to its five-day moving average, the current Knowles Corporation price is down by -0.67% percent or -$0.11. At present, KN shares trade +4.48% above its 20-day simple moving average and -1.51% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.37% below its SMA50 and -1.80% below its SMA200.
Stochastic coefficient K was 74.91% and Stochastic coefficient D was 74.83%, while ATR was 0.48. Given the Stochastic reading of 56.73% for the 14-day period, the RSI (14) reading has been calculated as 50.21%. As of today, the MACD Oscillator reading stands at 0.17, while the 14-day reading stands at 0.29.
Knowles Corporation (KN) has been rated Overweight by analysts. According to 0 brokerage firms, KN is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Knowles Corporation stock as buy, with 2 recommending it as overweight.
With a median target price of $20.50, the current consensus forecast for the stock is $17.00 – $24.00. Based on these forecasts, analysts predict Knowles Corporation (KN) will achieve an average price target of $20.50.