Shares of Smith & Wesson Brands Inc. (NASDAQ:SWBI) traded today at $39.59, eclipsing its 52-week high. So far today approximately 2.9 million shares have been exchanged, as compared to an average 30-day volume of 3.7 million shares.
In the past 52 weeks, Smith & Wesson Brands Inc. share prices are bracketed by a low of $14.50 and a high of $39.59 and is now at $36.54, 152% above that low price.
Smith & Wesson Brands Inc. (NASDAQ:SWBI) is currently priced 12.8% above its average consensus analyst price target of $31.85.
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distributions and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm’s brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
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