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Steelcase Inc. Shares Fall Below 200-Day Moving Average

Steelcase, Inc. has seen its stock reflect a bearish trend, crossing below the 200-day moving average. Shares are currently trading down by 2.1%, indicating potential concerns among investors regarding the company's performance.

Date: 
AI Rating:   5

The report discusses Steelcase, Inc. (Ticker: SCS) trading below its 200-day moving average, which is often seen as a bearish signal for the stock. As of the latest trading session, the stock was priced at $12.88, down 2.1% on the day.

The stock's performance is further analyzed with its 52-week range - a low of $10.29 and a high of $14.74. Currently, the stock price at $12.88 represents a significant decline from its high point.

Key indicators of stock performance, such as Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow, and Return on Equity, are not discussed in the report.