Herman Miller Inc (MLHR) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Herman Miller Inc (MLHR) experienced unusually high volume on Dec. 21, as the stock lost 6.68% to a closing price of $28.49. The stock saw 1.51 million shares trade hands over the course of the day on 8,072 trades. Given that the stock’s average daily volume over the last month has been 382,634 shares a day, this represents a pretty substantial spike over the norm.

Herman Miller Inc has a P/B ratio of 3.78. It also has a P/E ratio of 15.2. The stock has traded between $32.71 and $26.27 over the last 52-weeks, its 50-day SMA is now $31.05, and its 200-day SMA $28.79.

Herman Miller Inc researches, designs, manufactures, and distributes interior furnishings for use in various environments including office, healthcare, educational, and residential settings, & provides related services.

Headquartered in Zeeland, MI, Herman Miller Inc has 7,510 employees and is currently under the leadership of CEO John Edelman / Brian C. Walker.

For a complete fundamental analysis analysis of Herman Miller Inc, check out Equities.com’s Stock Valuation Analysis report for MLHR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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