NetApp Inc. (NASDAQ:NTAP) traded today at a new 52-week high of $96.61. Approximately 338,000 shares have changed hands today, as compared to an average 30-day volume of 1.7 million shares.
NetApp is a leading provider of enterprise data management and storage solutions. The company’s three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
In the past 52 weeks, shares of NetApp Inc. have traded between a low of $58.83 and a high of $96.61 and is now at $94.92, which is 61% above that low price.
Based on a current price of $94.92, NetApp Inc. is currently 21.7% above its average consensus analyst price target of $74.29.
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