Shares of Sequential Brands Group Inc. (SQBG) Rise Above Previous 52-Week High

March 16, 2021 11:04:49

Sequential Brands Group Inc. (NASDAQ:SQBG) traded today at a new 52-week high of $31.51. Approximately 2.5 million shares have changed hands today, as compared to an average 30-day volume of 31,000 shares.

Sequential Brands Group Inc. (NASDAQ:SQBG) has potential upside of 64.5% based on a current price of $30.02 and analysts’ consensus price target of $49.37.

Sequential Brands Group Inc own, manage and license a portfolio of consumer brands in the home, active and fashion categories. Its brands include Martha Stewart, Jessica Simpson, Emeril Lagasse, AND1, Revo, and Ellen Tracy. The company licenses brands to both wholesale and direct-to-retail licensees. It generates revenues from the United States through license agreements.

Over the past year, Sequential Brands Group Inc. has traded in a range of $4.11 to $31.51 and is now at $30.02, 630% above that low.

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