Algert Global LLC maintained its stake in shares of Flexsteel Industries, Inc. (NASDAQ:FLXS) during the second quarter, Holdings Channel reports. The firm owned 12,989 shares of the company’s stock at the end of the second quarter. Algert Global LLC’s holdings in Flexsteel Industries were worth $703,000 as of its most recent filing with the SEC.
Shares of Flexsteel Industries, Inc. (NASDAQ:FLXS) opened at 54.07 on Friday. The firm has a 50-day moving average of $55.38 and a 200 day moving average of $52.48. Flexsteel Industries, Inc. has a 52 week low of $39.98 and a 52 week high of $62.99. The stock has a market cap of $422.56 million, a PE ratio of 17.73 and a beta of 1.97.
Separately, BidaskClub cut shares of Flexsteel Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th.
About Flexsteel Industries
Flexsteel Industries, Inc is a manufacturer, importer, marketer and distributor of residential and commercial upholstered and wood furniture products in the United States. The Company offers its products for contract under categories, such as hospitality, healthcare, senior living, government and commercial office.
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