Shares of Honda Motor Company Ltd. (NYSE:HMC) traded today at $33.37, eclipsing its 52-week high. This new high was reached on below average trading volume as 331,000 shares traded hands, while the average 30-day volume is approximately 569,000 shares.
Honda Motor Company Ltd. (NYSE:HMC) defies analysts with a current price ($33.27) 2.8% above its average consensus price target of $32.34.
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 19.7 million cars and motorcycles in fiscal 2021 (4.5 million of which were autos), and consolidated sales were JPY 13.2 trillion. Automobiles constitute 65% of revenue and motorcycles 14%, with the rest split between power products and financial services. Honda also makes robots and private jets.
In the past 52 weeks, Honda Motor Company Ltd. share prices are bracketed by a low of $23.10 and a high of $33.37 and is now at $33.27, 44% above that low price.
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