Xylem Inc. New Looks to Continue to Trade Above its Annual-High Share Price Today

July 30, 2021 13:57:00

Xylem Inc. New (NYSE:XYL) traded today at a new 52-week high of $125.73. This new high was reached on below average trading volume as 289,000 shares traded hands, while the average 30-day volume is approximately 896,000 shares.

Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $4.9 billion in revenue and $525 million in adjusted operating income in 2020.

In the past 52 weeks, shares of Xylem Inc. New have traded between a low of $71.87 and a high of $125.73 and is now at $125.58, which is 75% above that low price.

Xylem Inc. New (NYSE:XYL) is currently priced 16.5% above its average consensus analyst price target of $104.86.

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