Genuine Parts Company (NYSE:GPC) traded today at a new 52-week high of $123.23. This new high was reached on below average trading volume as 129,000 shares traded hands, while the average 30-day volume is approximately 785,000 shares.
Genuine Parts Company share prices have moved between a 52-week high of $123.23 and a 52-week low of $67.12 and are now trading 82% above that low price at $122.08 per share.
Genuine Parts sells automotive parts (about two-thirds of net sales) and industrial components. The company sells vehicle parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and OEM clients.
There is potential upside of 0.2% for shares of Genuine Parts Company based on a current price of $122.08 and an average consensus analyst price target of $122.37.
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