Shares of Vector Group Ltd. (NYSE:VGR) traded at a new 52-week high today of $15.14. This new high was reached on below average trading volume as 179,000 shares traded hands, while the average 30-day volume is approximately 902,000 shares.
Vector Group Ltd is a holding company whose subsidiaries–Liggett Group, Vector Tobacco, and New Valley– primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20’s, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
Vector Group Ltd. share prices have moved between a 52-week high of $15.14 and a 52-week low of $7.92 and are now trading 90% above that low price at $15.04 per share.
Based on a current price of $15.04, Vector Group Ltd. is currently 3.9% above its average consensus analyst price target of $14.46.
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