Shares of Honda Motor Company Ltd. (HMC) Have Risen Above Previous 52-Week High

June 2, 2021 10:16:19

Shares of Honda Motor Company Ltd. (NYSE:HMC) traded today at $32.33, eclipsing its 52-week high. So far today approximately 259,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.

Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Honda sold 24.1 million cars and motorcycles in fiscal 2020 (4.8 million of which were autos), and consolidated sales were JPY 14.9 trillion. Automobiles constitute 67% of revenue and motorcycles 14%, with the rest split between power products and financial services. Honda also makes robots and private jets.

Honda Motor Company Ltd. share prices have moved between a 52-week high of $32.33 and a 52-week low of $23.10 and are now trading 39% above that low price at $32.20 per share.

Honda Motor Company Ltd. (NYSE:HMC) is currently priced 1.7% above its average consensus analyst price target of $31.65.

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