Shares of The Charles Schwab Corporation (NYSE:SCHW) traded today at $78.94, eclipsing its 52-week high. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 5.4 million shares.
Charles Schwab operates in the brokerage, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $6.5 trillion of client assets at the end of 2020. Nearly all of its revenue is from the United States.
Based on a current price of $78.29, The Charles Schwab Corporation is currently 12.0% above its average consensus analyst price target of $68.90.
Over the past year, The Charles Schwab Corporation has traded in a range of $37.01 to $78.94 and is now at $78.29, 112% above that low.
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