Fortive Corporation (NYSE:FTV) traded at a new 52-week high today of $77.72. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 2 million shares.
Over the past year, Fortive Corporation has traded in a range of $62.39 to $77.72 and is now at $77.64, 24% above that low.
Fortive Corp is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $4.6 billion in revenue and $976 million in adjusted operating income in 2020.
Fortive Corporation (NYSE:FTV) defies analysts with a current price ($77.64) 9.4% above its average consensus price target of $70.34.
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