Shares of Crane Co. (NYSE:CR) traded today at $89.58, eclipsing its 52-week high. This new high was reached on below average trading volume as 67,000 shares traded hands, while the average 30-day volume is approximately 297,000 shares.
Over the past year, Crane Co. has traded in a range of $36.77 to $89.58 and is now at $87.62, 138% above that low.
Crane Co. is a diversified industrial firm, manufacturing a broad range of products, including valves, vending equipment, payment acceptance equipment, aerospace components, and fiberglass-reinforced plastic panels. The firm’s business is organized into four segments: fluid handling, payment & merchandising technologies, aerospace & electronics, and engineered materials. Headquartered in Stamford, Connecticut, Crane has approximately 11,000 employees and operates in 32 countries. Crane generated approximately $2.9 billion in revenue and $323 million in adjusted operating income in 2020.
Based on a current price of $87.62, Crane Co. is currently 1.2% above its average consensus analyst price target of $86.57.
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