Stock in Wall Street Spotlight: Kewaunee Scientific Corporation (Nasdaq: KEQU)

Kewaunee Scientific Corporation (Nasdaq: KEQU) stock price moved ahead -0.15% from the mean of 20 days, 13.63% from 50 and separated 2.37% from 200 days average price. KEQU stock scored of -0.04% and valued price at $32.15. There were 4433 shares transacted in last trading period as compared to its an average volume of 7.55K shares over last three months period. Kewaunee Scientific Corporation a USA based Company, belongs to Consumer Goods sector and Business Equipment industry. 

Kewaunee Scientific Corporation (Nasdaq: KEQU) reported that David S. Rhind has been appointed Chairman of the Board of Directors of the Company.  Mr. Rhind succeeds William A. Shumaker who served as Chairman of the Board since 2013 and who resigned effective January 31, 2019.

Mr. Rhind has served as a Director for the Company since 2008 and as Chairman of the Nominating and Corporate Governance Committee since June 2011.  He is an attorney-at-law who brings to the role of Chairman a broad and extensive background in business and legal affairs with global, publicly-traded corporations.  As a member of a founding family involved with Kewaunee since 1906, Mr. Rhind has a deep understanding of the Company and its history, its future prospects, and the long-term interests of shareholders.

Mr. Rhind previously served as Deputy General Counsel for Hudson Global (formerly Hudson Highland Group) of New York, New York, a leading provider of specialized professional recruitment, recruitment outsourcing, talent management, and staffing solutions. He also previously served as General Counsel, North America, for Hudson and was Associate General Counsel at Technology Solutions Company of Chicago. Mr. Rhind is a member of the National Association of Corporate Directors (NACD).

 The stock has changed 6.98% in one year period and YTD Performance clocked at -3.29%. Shares of the company returned 3.20% during the last five trading days and it returned 0.52% in past 30 trading days. It changed 15.13% over recent three months. Its price volatility for a month is at 2.90% and for a week, volatility remained at 3.69%. Its beta factor stands at -0.46. Company’s price to sales ratio for last 12 months was 0.56 while its price to book ratio for the most recent quarter was 1.8. Its Market Cap valued at $90.98M.

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