Watch for Continued Gains in Shares of APi Group Corporation (APG)

January 4, 2022 11:22:32

APi Group Corporation (NYSE:APG) traded at a new 52-week high today of $26.84. So far today approximately 238,000 shares have been exchanged, as compared to an average 30-day volume of 681,000 shares.

APi Group Corp operates in three areas including Industrial Services, Safety Services, and Specialty Services. Its Industrial Services segment provides variety of services to the energy industry focused on transmission and distribution. This segment’s services include oil and gas pipeline infrastructure, access and road construction, supporting facilities, and performing ongoing integrity management and maintenance. The Safety Services provides safety services in North America and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, HVAC and entry systems), including design, installation, inspection and service of these integrated systems. The Specialty Services provides a variety of infrastructure services and specialized industrial plant services.

APi Group Corporation share prices have moved between a 52-week high of $26.84 and a 52-week low of $16.63 and are now trading 59% above that low price at $26.50 per share.

There is potential upside of 69.5% for shares of APi Group Corporation based on a current price of $26.50 and an average consensus analyst price target of $44.92.

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