Shares of Houlihan Lokey Inc. Class A (NYSE:HLI) traded today at $82.98, eclipsing its 52-week high. This new high was reached on below average trading volume as 95,000 shares traded hands, while the average 30-day volume is approximately 357,000 shares.
Houlihan Lokey Inc. Class A (NYSE:HLI) defies analysts with a current price ($82.84) 1.9% above its average consensus price target of $81.27.
Houlihan Lokey Inc. Class A share prices have moved between a 52-week high of $82.98 and a 52-week low of $53.09 and are now trading 56% above that low price at $82.84 per share.
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
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