Knowles Corporation (KN) has been under a strong bear grip, hence the stock is down -4.7% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.54% in the past 1 week. The stock has risen by 2.98% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.33% in the past 4 weeks.
Knowles Corporation (NYSE:KN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.41 and $13.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.84, notching a gain of 4.30% for the day. The total traded volume was 937,517 . The stock had closed at $13.27 on the previous day.
The stock has recorded a 20-day Moving Average of 5.99% and the 50-Day Moving Average is 5.3%. Knowles Corporation is up 5.17% in the last 3-month period. Year-to-Date the stock performance stands at 3.83%.
Knowles Corporation (KN) : The highest short term price target forecast on Knowles Corporation (KN) is $19 and the lowest target price is $12. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $16.5 with a standard deviation of $3.11.
Knowles Corporation (Knowles) is a supplier of micro-acoustic solutions and specialty components serving the mobile communications, consumer electronics, medical technology, military, aerospace and industrial markets. The Company operates micro-electro-mechanical systems (MEMS) microphones, speakers and receivers which are used in smartphones, tablets and mobile handsets. The Companys segments include Mobile Consumer Electronics (MCE) and Specialty Components (SC). MCE includes analog and digital microphones, MEMS microphones, surface mounted device microphones, multi-functional devices, and integrated audio sub-systems, among others. SC includes transducers, oscillators, capacitors and filters. The Company is also a manufacturer of transducers used in hearing aids and other medical devices and capacitor components which provide various types of communication. The Companys wholly owned subsidiary Audience, Inc. offers intelligent audio and signal processing solutions.