Shares of Stryker Corporation (NYSE:SYK) traded at a new 52-week high today of $281.16. So far today approximately 70,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
In the past 52 weeks, shares of Stryker Corporation have traded between a low of $194.64 and a high of $281.16 and is now at $280.01, which is 44% above that low price.
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Roughly one-fourth of Stryker’s total revenue currently comes from outside the United States.
Stryker Corporation (NYSE:SYK) is currently priced 23.1% above its average consensus analyst price target of $215.46.
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