Shares of RH (NYSE:RH) traded today at $619.52, eclipsing its 52-week high. Approximately 523,000 shares have changed hands today, as compared to an average 30-day volume of 591,000 shares.
In the past 52 weeks, shares of RH have traded between a low of $84.61 and a high of $619.52 and is now at $595.77, which is 604% above that low price.
RH is a luxury retailer operating in the $117 billion furniture and home furnishing industry. The company offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and more and is growing the presence of its hospitality business (with 10 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). The company is fully integrated across store, Web, and catalog channels, with around 40% of sales from the direct-to-consumer channel in 2019.
RH (NYSE:RH) is currently priced 5.1% above its average consensus analyst price target of $565.60.
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