Smartsheet Inc. Class A Looks to Continue to Trade Above its Annual-High Share Price Today

September 3, 2021 10:37:07

Shares of Smartsheet Inc. Class A (NYSE:SMAR) traded at a new 52-week high today of $85.65. So far today approximately 749,000 shares have been exchanged, as compared to an average 30-day volume of 782,000 shares.

Over the past year, Smartsheet Inc. Class A has traded in a range of $43.64 to $85.65 and is now at $84.95, 95% above that low.

Smartsheet Inc. Class A (NYSE:SMAR) defies analysts with a current price ($84.95) 10.8% above its average consensus price target of $75.76.

Smartsheet Inc provides a cloud-based platform for work execution, that enables teams and organizations to plan, capture, manage, automate, and report on work at a scale which results in more efficient processes and better business outcomes. It provides various services such as Streamline Facilities Management, Manages Customer Experiences, Manages Budget and planning, and other related services. The company generates a majority of its revenue from subscriptions. Geographically, it operates in the United States, EMEA, Asia, and Americas other than the United States. Generating, a majority of its revenue from the United States.

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