RH (NYSE:RH) traded at a new 52-week high today of $690.00. Approximately 242,000 shares have changed hands today, as compared to an average 30-day volume of 666,000 shares.
In the past 52 weeks, shares of RH have traded between a low of $124.14 and a high of $690.00 and is now at $682.00, which is 449% above that low price.
There is potential upside of 0.9% for shares of RH based on a current price of $682.00 and an average consensus analyst price target of $687.81.
RH is a luxury retailer operating in the $112 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, and is positioned to broaden its total addressable market with the launch of its World of RH digital platform in autumn 2021.
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