Wow, the raw intrinsic value of this stock is nearly 35 a share. It has a Return on Assets at a solid 10% and it trades in the middle of its 52 week tradining range.
Why is it going up? They sell product and they make money doing it. They are on track to beat their 2008 sales volume and it looks like management is doing the right things for the shareholders. Although I see a 18.00 price in the next 90 days, it could easily soar above 25 if the market gives us soem signs of life.
Knoll, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of workplace furnishings, textiles, and fine leathers for the workplace and home.