Shares of Valmont Industries Inc. (NYSE:VMI) traded today at $244.16, eclipsing its 52-week high. So far today approximately 79,000 shares have been exchanged, as compared to an average 30-day volume of 194,000 shares.
Valmont Industries Inc. (NYSE:VMI) is currently priced 2.8% above its average consensus analyst price target of $236.52.
Valmont Industries Inc is a diversified global producer of fabricated metal products, steel, pole structures, towers, irrigation systems, and other components. Manufactured and engineered structures serve the global lighting and traffic, wireless communication, electrical distribution, and roadway safety industries. Other solutions help people and components move safely and effectively in an industrial, infrastructure, or commercial facility. Valmont has four operating segments: engineered support structures, utility support structures, coatings, irrigation and Other. Customers are primarily state and federal governments, contractors, utility and telecommunications, farmers, and other stakeholders in the manufacturing sector. The majority of sales derive from the United States.
In the past 52 weeks, Valmont Industries Inc. share prices are bracketed by a low of $82.60 and a high of $244.16 and is now at $243.37, 195% above that low price.
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