Tractor Supply Company Looks to Continue to Trade Above its Annual-High Share Price Today

April 20, 2021 10:21:49

Tractor Supply Company (NASDAQ:TSCO) traded today at a new 52-week high of $185.62. So far today approximately 217,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Tractor Supply Company share prices have moved between a 52-week high of $185.62 and a 52-week low of $90.44 and are now trading 100% above that low price at $180.45 per share.

Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 1,923 stores in 49 states and 182 Petsense stores. Stores are typically located in towns outside of urban areas and in rural communities. Through the end of its third quarter of 2020, revenue consisted primarily of livestock and pet (48%), hardware, tools, and truck (21%), and seasonal gift and toy (21%).

Tractor Supply Company has overhead space with shares priced $180.45, or 0.4% below the average consensus analyst price target of $181.19.

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