Shares of Tutor Perini Corporation (TPC) Have Risen Above Previous 52-Week High

February 22, 2021 11:19:05

Shares of Tutor Perini Corporation (NYSE:TPC) traded today at $18.29, eclipsing its 52-week high. This new high was reached on below average trading volume as 52,000 shares traded hands, while the average 30-day volume is approximately 322,000 shares.

Potential upside of 2,565.7% exists for Tutor Perini Corporation, based on a current level of $18.10 and analysts’ average consensus price target of $482.50.

Tutor Perini Corporation share prices have moved between a 52-week high of $18.29 and a 52-week low of $2.61 and are now trading 593% above that low price at $18.10 per share.

Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project. Tutor Perini has three operating segments: civil, building, and specialty contractors and generates majority revenue from civil segment. The company offers self-performed construction services, including site work, concrete forming, steel erection, electrical, mechanical, and heating, ventilation, and air conditioning, or HVAC. The majority of its total revenue is derived from the United States.

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