Boston, MA 06/18/2013 (wallstreetpr) – The share prices of Steelcase Inc. (NYSE:SCS) had surged by 3.08 percent to close at $14.74 per share for the end of last trading session on Monday. The shares of the company had been trading in the range of $14.41 to $14.92 per share during the day. The shares of Steelcase Inc. (NYSE:SCS) had recorded 52 week low price level at $7.63 per share and 52 week high price level at $15.60 per share.
Steelcase Inc. (NYSE:SCS) is primarily engaged in providing furnishing services to enhance the work experience in the organizations. The three major brands through which the products of the company reach the customers are Steelcase, Turnstone and Coalesse. Steelcase Inc. (NYSE:SCS) had announced that it had received five Best of Neocon Awards, 2013 which include 4 Gold awards and one Innovation award.
The Steelcase Gesture chair, VIA architectural solution, Nurture’s Regard Modular Seating, Coalesse’s Lagunitas and Turnstone’s Buoy Stool are the product which had been recognized for the awards at NeoCon 2013, the largest contract furnishings trade show of North America. All these products of Steelcase Inc. (NYSE:SCS) are presently on the display at the trade show.
The Buoy Stool of Turnstone had been chosen for the innovation award of NeoCon owing to its ability to wobble, spin and encourage movement through the curved base designed just like a buoy. All the other products of Steelcase Inc. (NYSE:SCS) had been chosen for the Gold Awards.
Steelcase Inc. (NYSE:SCS) operates its business through three major segments namely the American Segment, the EMEA Segment and the others category. The shares of the company had witnessed the trade of 1.88 million shares on Monday, while the average trading volume is at 437,499 shares per day.
Steelcase Inc. (NYSE:SCS) presently holds 125.16 million shares outstanding in the market with an institutional ownership of 63 percent of its holdings.
