Shares of Vista Outdoor Inc. (VSTO) Have Risen Above Previous 52-Week High

January 4, 2022 11:31:07

Shares of Vista Outdoor Inc. (NYSE:VSTO) traded today at $50.89, eclipsing its 52-week high. So far today approximately 688,000 shares have been exchanged, as compared to an average 30-day volume of 629,000 shares.

Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe’s. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.

Based on a current price of $50.65, Vista Outdoor Inc. is currently 35.1% above its average consensus analyst price target of $32.86.

Vista Outdoor Inc. share prices have moved between a 52-week high of $50.89 and a 52-week low of $23.26 and are now trading 118% above that low price at $50.65 per share.

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