MasTec Inc. (NYSE:MTZ) traded today at a new 52-week high of $106.05. This new high was reached on below average trading volume as 203,000 shares traded hands, while the average 30-day volume is approximately 771,000 shares.
MasTec Inc. share prices have moved between a 52-week high of $106.05 and a 52-week low of $29.17 and are now trading 262% above that low price at $105.50 per share.
MasTec Inc. (NYSE:MTZ) defies analysts with a current price ($105.50) 2.2% above its average consensus price target of $103.16.
MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Electrical Transmission, Clean Energy and Infrastructure, and Other. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.
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