Shares of Crane Co. (NYSE:CR) traded today at $114.87, eclipsing its 52-week high. So far today approximately 83,000 shares have been exchanged, as compared to an average 30-day volume of 287,000 shares.
Over the past year, Crane Co. has traded in a range of $84.68 to $114.87 and is now at $113.77, 34% above that low.
Crane Co. is a diversified industrial firm, manufacturing a broad range of products, including valves, vending equipment, payment acceptance equipment, and aerospace components. The firm’s business is organized into three segments: process flow technologies, payment & merchandising technologies, and aerospace & electronics. Headquartered in Stamford, Connecticut, Crane has approximately 11,000 employees and operates in 32 countries. Crane generated approximately $3.2 billion in revenue and $501 million in adjusted operating income in 2021.
Based on a current price of $113.77, Crane Co. is currently 5.0% above its average consensus analyst price target of $108.04.
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