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home / news releases / SCS - Steelcase: Good Time To Start Averaging Down

SCS - Steelcase: Good Time To Start Averaging Down

Steelcase Inc.
  • Sales still didn't recover from the coronavirus pandemic crisis.
  • Prices for raw materials are declining again after skyrocketing during the first half of calendar 2021.
  • The company is adopting a cost reduction strategy as it reduced its workforce to offset declining volumes.
  • The dividend looks reasonably safe.
  • It is a good time to start averaging down.

For further details see:

Steelcase: Good Time To Start Averaging Down
Stock Information
Company Name: Steelcase Inc.
Stock Symbol: SCS
Market: NYSE
Website: steelcase.com
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