In a welcome move, HNI Cp saw its Relative Strength Rating improve from 65 to 74 on Tuesday.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they begin their largest climbs. See if HNI Cp can continue to show renewed price strength and hit that benchmark.
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HNI Cp is working on a flat base with a 56.13 buy point. See if the stock can clear the breakout price in heavy trade.
The company posted 11% EPS growth in the latest quarterly report. Sales gains came in at -6%.
HNI Cp earns the No. 4 rank among its peers in the Household-Office Furniture industry group. Flexsteel Industries is the top-ranked stock within the group.
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