Shares of Teledyne Technologies Incorporated (NYSE:TDY) traded today at $475.99, eclipsing its 52-week high. So far today approximately 70,000 shares have been exchanged, as compared to an average 30-day volume of 262,000 shares.
Teledyne Technologies Incorporated has overhead space with shares priced $466.37, or 1.1% below the average consensus analyst price target of $471.53.
In the past 52 weeks, shares of Teledyne Technologies Incorporated have traded between a low of $391.28 and a high of $475.99 and is now at $466.37, which is 19% above that low price.
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne’s revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment contributes the largest proportion of revenue and provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
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