Shares of Confluent Inc. (CFLT) Rise to a New 52-Week High

October 19, 2021 11:26:40

Confluent Inc. (NASDAQ:CFLT) traded at a new 52-week high today of $68.54. So far today approximately 945,000 shares have been exchanged, as compared to an average 30-day volume of 587,000 shares.

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company generates revenue from the sale of subscriptions and services.

Confluent Inc. share prices have moved between a 52-week high of $68.54 and a 52-week low of $42.31 and are now trading 60% above that low price at $67.79 per share.

Confluent Inc. (NASDAQ:CFLT) is currently priced 46.0% above its average consensus analyst price target of $36.59.

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