Steelcase Stock Price on October 25, 2024

SCS Stock  USD 13.27  0.23  1.76%   
Below is the normalized historical share price chart for Steelcase extending back to February 18, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Steelcase stands at 13.27, as last reported on the 25th of November, with the highest price reaching 13.33 and the lowest price hitting 13.10 during the day.
IPO Date
19th of February 1998
200 Day MA
13.0047
50 Day MA
12.9932
Beta
1.326
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Steelcase Stock, it is important to understand the factors that can impact its price. Steelcase owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0163, which indicates the firm had a -0.0163% return per unit of risk over the last 3 months. Steelcase exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Steelcase's Semi Deviation of 2.01, risk adjusted performance of 0.0099, and Coefficient Of Variation of 20192.74 to confirm the risk estimate we provide.
  
Total Stockholder Equity is likely to drop to about 814.4 M in 2024. Common Stock Shares Outstanding is likely to drop to about 108.5 M in 2024. At this time, Steelcase's Price Fair Value is comparatively stable compared to the past year. Steelcase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0163

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Estimated Market Risk

 1.93
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Steelcase is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Steelcase by adding Steelcase to a well-diversified portfolio.
Price Book
1.621
Enterprise Value Ebitda
6.509
Price Sales
0.4822
Shares Float
83.4 M
Dividend Share
0.4

Steelcase Main Headline on 25th of October 2024

With its stock down 10 percent over the past three months, it is easy to disregard Steelcase . It seems that the...

Steelcase Valuation on October 25, 2024

It is possible to determine the worth of Steelcase on a given historical date. On October 25, 2024 Steelcase was worth 12.76 at the beginning of the trading date compared to the closed value of 12.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steelcase stock. Still, in general, we apply an absolute valuation method to find Steelcase's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Steelcase where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steelcase's related companies.
 Open High Low Close Volume
  12.47    12.63    12.46    12.59    533,477  
10/25/2024
  12.76    12.76    12.49    12.51    340,021  
  12.63    12.74    12.58    12.59    374,157  
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Open Value
12.76
12.51
Closing Value
18.54
Upside

Steelcase Trading Date Momentum on October 25, 2024

On October 28 2024 Steelcase was traded for  12.59  at the closing time. Highest Steelcase's price during the trading hours was 12.74  and the lowest price during the day was  12.58 . The net volume was 374.2 K. The overall trading history on the 28th of October contributed to the next trading period price appreciation. The trading price change to the next next day price was 0.64% . The trading price change to current price is 2.96% .

Steelcase Fundamentals Correlations and Trends

By evaluating Steelcase's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Steelcase's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steelcase financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Steelcase Stock history

Steelcase investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Steelcase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steelcase will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Steelcase stock prices may prove useful in developing a viable investing in Steelcase
Last ReportedProjected for Next Year
Common Stock Shares Outstanding114.5 M108.5 M
Net Income Applicable To Common Shares199.7 M209.7 M

Steelcase Quarterly Net Working Capital

382.9 Million

Steelcase Stock Technical Analysis

Steelcase technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Steelcase technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Steelcase trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Steelcase Period Price Range

Low
November 25, 2024
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High

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Steelcase cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Steelcase November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Steelcase stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steelcase shares will generate the highest return on investment. By undertsting and applying Steelcase stock market strength indicators, traders can identify Steelcase entry and exit signals to maximize returns

Steelcase Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Steelcase's price direction in advance. Along with the technical and fundamental analysis of Steelcase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steelcase to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.