Ferrari N.V. (NYSE:RACE) traded today at a new 52-week high of $261.96. This new high was reached on above average trading volume as 544,000 shares traded hands, while the average 30-day volume is approximately 321,000 shares.
Based on a current price of $256.75, Ferrari N.V. is currently 28.4% above its average consensus analyst price target of $183.88.
In the past 52 weeks, shares of Ferrari N.V. have traded between a low of $180.69 and a high of $261.96 and is now at $256.75, which is 42% above that low price.
Ferrari engineers and manufactures some of the world’s most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients.
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