Hibbett Inc. (NASDAQ:HIBB) traded today at a new 52-week high of $106.00. This new high was reached on above average trading volume as 46.1 million shares traded hands, while the average 30-day volume is approximately 592,000 shares.
Over the past year, Hibbett Inc. has traded in a range of $1.10 to $101.65 and is now at $41.66.
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company’s primary retail format stores, accounting for most of the company’s total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
Hibbett Inc. (NASDAQ:HIBB) has potential upside of 5.5% based on a current price of $41.66 and analysts’ consensus price target of $43.96.
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