Shares of Commercial Metals Company (CMC) Rise to a New 52-Week High

March 25, 2022 10:19:06

Commercial Metals Company (NYSE:CMC) traded today at a new 52-week high of $43.42. So far today approximately 245,000 shares have been exchanged, as compared to an average 30-day volume of 1.4 million shares.

Commercial Metals Company (NYSE:CMC) is currently priced 56.9% above its average consensus analyst price target of $18.64.

Commercial Metals Company share prices have moved between a 52-week high of $43.42 and a 52-week low of $27.50 and are now trading 57% above that low price at $43.26 per share.

Commercial Metals operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.

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