IDEX Corporation (NYSE:IEX) traded at a new 52-week high today of $240.23. This new high was reached on below average trading volume as 59,000 shares traded hands, while the average 30-day volume is approximately 260,000 shares.
Based on a current price of $238.59, IDEX Corporation is currently 12.8% above its average consensus analyst price target of $208.05.
Over the past year, IDEX Corporation has traded in a range of $185.23 to $240.23 and is now at $238.59, 29% above that low.
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire & safety, life science, and water. The firm’s business is organized into three segments: fluid & metering technologies, health & science technologies, and fire & safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $2.4 billion in revenue and $537 million in adjusted operating income in 2020.
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