MasTec Inc. (NYSE:MTZ) traded today at a new 52-week high of $83.99. This new high was reached on below average trading volume as 502,000 shares traded hands, while the average 30-day volume is approximately 838,000 shares.
MasTec Inc. has overhead space with shares priced $79.11, or 20.1% below the average consensus analyst price target of $99.07.
MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil & Gas, Electrical Transmission, Power Generation and Industrial, and Other. The majority of its revenue is derived from the Communications and Oil and Gas segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.
In the past 52 weeks, shares of MasTec Inc. have traded between a low of $22.51 and a high of $83.99 and is now at $79.11, which is 251% above that low price.
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