Shares of RealNetworks Inc. (NASDAQ:RNWK) traded today at $3.78, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 983,000 shares traded hands, while the average 30-day volume is approximately 884,000 shares.
Based on a current price of $3.63, RealNetworks Inc. is currently 10.9% above its average consensus analyst price target of $3.23.
RealNetworks Inc is a digital media services and products company offering video sharing, casual games, direct-to-consumer ringback tone, and RealPlayer. The company also develops and markets software products and services that enable the creation, distribution, and consumption of digital media, including audio and video. It operates its business in four segments which are Consumer Media, Mobile Services, Games, and Napster. The majority of the revenue is generated from the Napster segment. RealNetworks has operations in the United States, Europe, and Rest of the World.
In the past 52 weeks, shares of RealNetworks Inc. have traded between a low of $0.32 and a high of $3.78 and is now at $3.63, which is 1,034% above that low price.
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