Shares of Daktronics Inc. (DAKT) Have Risen Above Previous 52-Week High

April 11, 2022 09:46:25

Daktronics Inc. (NASDAQ:DAKT) traded today at a new 52-week high of $11.08. This new high was reached on above average trading volume as 18.1 million shares traded hands, while the average 30-day volume is approximately 244,000 shares.

Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems.

In the past 52 weeks, shares of Daktronics Inc. have traded between the current low of $3.55 and a high of $7.23 and is now at $3.73.

There is potential upside of 746.5% for shares of Daktronics Inc. based on a current price of $3.73 and an average consensus analyst price target of $31.57.

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