Flexsteel Industries Inc. (FLXS) Soars 1.55% on November 12

Equities Staff  |

Flexsteel Industries Inc. (FLXS) had a good day on the market for Thursday November 12 as shares jumped 1.55% to close at $31.50. About 55,396 shares traded hands on 874 trades for the day, compared with an average daily volume of n/a shares out of a total float of 7.32 million. After opening the trading day at $30.84, shares of Flexsteel Industries Inc. stayed within a range of $32.31 to $30.59.

With today's gains, Flexsteel Industries Inc. now has a market cap of $230.46 million. Shares of Flexsteel Industries Inc. have been trading within a range of $32.09 and $7.81 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential and commercial upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.

Flexsteel Industries Inc. is based out of Dubuque, IA and has some 636 employees. Its CEO is Jerald K. Dittmer.

For a complete fundamental analysis of Flexsteel Industries Inc., check out Equities.com’s Stock Valuation Analysis report for FLXS.

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Flexsteel Industries Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Flexsteel Industries Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FLXS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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