Cricut Inc. (NASDAQ:CRCT) traded today at a new 52-week high of $38.21. This new high was reached on below average trading volume as 101,000 shares traded hands, while the average 30-day volume is approximately 834,000 shares.
Cricut Inc. share prices have moved between a 52-week high of $38.21 and a 52-week low of $14.88 and are now trading 155% above that low price at $38.00 per share.
Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including Connected machines, Subscriptions, and Accessories and materials. It derives maximum revenue from the Accessories and Materials segment through the sales of Cricut EasyPress, hand tools, machine replacement tools and blades, project materials such as vinyl and iron-on, and sales of a la carte digital content purchases, including fonts, images, and projects.
Cricut Inc. (NASDAQ:CRCT) defies analysts with a current price ($38.00) 32.6% above its average consensus price target of $25.62.
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