Home Depot Inc. (The) (NYSE:HD) traded today at a new 52-week high of $330.69. This new high was reached on below average trading volume as 787,000 shares traded hands, while the average 30-day volume is approximately 4.5 million shares.
Home Depot is the world’s largest home improvement specialty retailer, operating nearly 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which is set to expand with the acquisition of HD Supply. The tie-up with Company Store also brought textile exposure to Home Depot’s lineup.
Over the past year, Home Depot Inc. (The) has traded in a range of $215.21 to $330.69 and is now at $330.28, 53% above that low.
Home Depot Inc. (The) (NYSE:HD) defies analysts with a current price ($330.28) 2.8% above its average consensus price target of $321.19.
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