Shares of Universal Corporation (NYSE:UVV) traded today at $55.22, eclipsing its 52-week high. So far today approximately 79,000 shares have been exchanged, as compared to an average 30-day volume of 155,000 shares.
Universal Corporation (NYSE:UVV) has potential upside of 8.2% based on a current price of $55.22 and analysts’ consensus price target of $59.77.
Universal Corporation share prices have moved between a 52-week high of $55.22 and a 52-week low of $37.04 and are now trading 49% above that low price at $55.22 per share.
Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. More than 15% of total company revenue comes from the North America segment, which sells cigarette tobacco in North America. Approximately three quarters of revenue is from the Other Regions segment, which sells cigarette tobacco outside North America. The remainder of company revenue is from the Other Tobacco Operations segment, which sells dark air-cured tobacco (used primarily in cigar, pipe, and smokeless products), oriental tobacco, and services worldwide.
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