Earnings And Analyst Opinion Offer Spending Insights: Knoll, Inc. (KNL), Parker Drilling Company (PKD)

Knoll, Inc. (NYSE:KNL) is struggling to gain traction with investors, as evidenced by its 0.44 million shares volume. The daily trading volume average remained 0.29 million shares over the course of 3 months. The stock had opened the regular trading at $20.42 and managed a 5.34% price change to reach $21.49 through the close.

Knoll, Inc. (KNL) Analyst Opinion

Knoll, Inc. has a consensus buy rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 1.05% of shares outstanding. The stock sank -7.97% last month and is down -6.73 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover KNL having a buy-equivalent rating. Analysts have placed a $29 price target on Knoll, Inc., suggesting a 34.95% gain from recent close. It’s currently trading about -21.15% below its 52-week high.

Knoll, Inc. Earnings Surprise

Knoll, Inc. (KNL) failed to surprise the stock market in its last reported earnings when it earned $0.36 a piece versus the consensus-estimated $0.42. Its revenue totaled $302.07 million up 3.71% from the previous quarter.

Knoll, Inc. (NYSE:KNL) Intraday View

This stock (KNL) is ahead of its 52-week low with 29.69%. Its last month’s stock price volatility remained 5.18% which for the week stands at 2.97%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.79% and stays -3.3% away from its 50 days moving average. Over the last five days, shares have managed 3.02% gains and now is up 3.7% since hitting its 200-day moving average of $20.42. Knoll, Inc. (KNL) has made its way to a 12-month decline of -20.58%.

Turning to Parker Drilling Company (NYSE:PKD), its shares were trading at $1.01 a gain of $0.05, on the trading floor. The stock, after opening at $0.97, touched a high of $1.02 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Parker Drilling Company has 1 buy ratings, 2 holds and 0 sells even after the stock tumbled -59.6% from its high of $2.50 to a $139.47 million market value through last close.

Parker Drilling Company (PKD) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.2 to 2.2 during a month. Analysts set a 12-month price target of $1.35 a share. The target implies a 33.66% spike from where the shares are currently trading. Also, the current price highlights a discount of 48.51% to analysts’ high consensus price target.

Parker Drilling Company (NYSE:PKD) Intraday Trading

The counter witnessed a trading volume of 0.99 million shares versus an average volume of 0.84 million shares during last trading session. Its last month’s stock price volatility remained 7.47% which for the week approaches 5.86%. The lowest price the stock reached in the last trading day was $0.9551 and compares with the $0.85 52-week low. The stock recovered 18.46% since its low point and has performed 1% year-to-date.

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