Kimball International Inc (NASDAQ:KBAL) reached a new 52-week high during trading on Wednesday . The stock traded as high as $17.90 and last traded at $17.73, with a volume of 103658 shares changing hands. The stock had previously closed at $17.59.

Separately, BidaskClub upgraded Kimball International from a “sell” rating to a “hold” rating in a report on Thursday, August 15th.

The stock has a market capitalization of $645.55 million, a P/E ratio of 15.70 and a beta of 0.93. The firm has a 50-day moving average price of $17.25 and a 200 day moving average price of $15.99.

Kimball International (NASDAQ:KBAL) last announced its quarterly earnings data on Monday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter. The business had revenue of $195.57 million during the quarter. Kimball International had a return on equity of 20.56% and a net margin of 5.12%.

Several institutional investors have recently bought and sold shares of KBAL. Captrust Financial Advisors bought a new stake in shares of Kimball International in the second quarter worth $28,000. Quantamental Technologies LLC lifted its position in Kimball International by 55.7% during the second quarter. Quantamental Technologies LLC now owns 2,066 shares of the company’s stock valued at $36,000 after purchasing an additional 739 shares in the last quarter. New York State Teachers Retirement System purchased a new position in Kimball International during the second quarter valued at $54,000. Legal & General Group Plc lifted its position in Kimball International by 21.4% during the fourth quarter. Legal & General Group Plc now owns 6,773 shares of the company’s stock valued at $97,000 after purchasing an additional 1,194 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in Kimball International by 5,321.0% during the first quarter. BNP Paribas Arbitrage SA now owns 7,481 shares of the company’s stock valued at $106,000 after purchasing an additional 7,343 shares in the last quarter. 65.37% of the stock is owned by institutional investors and hedge funds.

About Kimball International (NASDAQ:KBAL)

Kimball International, Inc designs, manufactures, and sells furniture products under the Kimball, National, and Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments.

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