Shares of Sony Corporation (SNE) Rise to a New 52-Week High

February 3, 2021 10:18:21

Shares of Sony Corporation (NYSE:SNE) traded at a new 52-week high today of $109.50. So far today approximately 760,000 shares have been exchanged, as compared to an average 30-day volume of 987,000 shares.

Sony Corporation share prices have moved between a 52-week high of $109.50 and a 52-week low of $50.94 and are now trading 111% above that low price at $107.49 per share.

Sony Corporation (NYSE:SNE) is currently priced 44.3% above its average consensus analyst price target of $59.92.

Sony is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, and movies, and so on. Sony’s business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

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