Hibbett Inc. (NASDAQ:HIBB) traded at a new 52-week high today of $101.00. This new high was reached on approximately average trading volume as 228,000 shares traded hands, while the average 30-day volume is approximately 311,000 shares.
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business in the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company’s primary retail format stores, accounting for the majority of the company’s total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
In the past 52 weeks, shares of Hibbett Inc. have traded between a low of $39.91 and a high of $101.00 and is now at $101.00, which is 153% above that low price.
Hibbett Inc. (NASDAQ:HIBB) is currently priced 61.2% above its average consensus analyst price target of $39.22.
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