Watch for Continued Gains in Shares of MTS Systems Corporation (MTSC)

January 12, 2021 10:47:43

MTS Systems Corporation (NASDAQ:MTSC) traded today at a new 52-week high of $59.33. So far today approximately 270,000 shares have been exchanged, as compared to an average 30-day volume of 516,000 shares.

MTS Systems Corp is a supplier of test systems and position sensors. Its operations are organized and managed in two business segments; the Test and Simulation segment and the Sensors segment. Test and Simulation segment (Test) provides testing solutions including hardware, software, and services which are used by customers in product development to characterize the product’s mechanical properties. Sensors segment (Sensors) is an in sensing technologies and solutions used by design engineers and predictive maintenance professionals, serving customers with a focus on total customer satisfaction, and offering regional support to provide and reliable sensing solutions.

MTS Systems Corporation (NASDAQ:MTSC) defies analysts with a current price ($59.33) 2.1% above its average consensus price target of $58.10.

In the past 52 weeks, shares of MTS Systems Corporation have traded between a low of $13.15 and a high of $59.33 and is now at $59.33, which is 351% above that low price.

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