Shares of Jefferies Financial Group Inc. (NYSE:JEF) traded today at $42.55, eclipsing its 52-week high. Approximately 581,000 shares have changed hands today, as compared to an average 30-day volume of 2 million shares.
In the past 52 weeks, shares of Jefferies Financial Group Inc. have traded between a low of $18.78 and a high of $42.55 and is now at $42.28, which is 125% above that low price.
Jefferies Financial Group Inc. (NYSE:JEF) defies analysts with a current price ($42.28) 55.6% above its average consensus price target of $18.76.
Jefferies Financial Group Inc is a diversified financial services company. Its business consists of investment banking and capital markets (Jefferies Group), commercial mortgage banking (Berkadia), asset management (Leucadia Asset Management), and online platform for foreign exchange trading (FXCM), a real estate company (Homefed), and vehicle finance (Foursight Capital and Chrome Capital).The company is also involved in other businesses, such as oil and gas exploration, through JETX and Vitesse Energy; automobile dealerships, through Gargadia; fixed wireless broadband services, through Linkem; and gold and silver mining through Golden Queen, among others.
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