Shares of Abercrombie & Fitch Company (ANF) Rise Above Previous 52-Week High

May 17, 2021 12:30:01

Abercrombie & Fitch Company (NYSE:ANF) traded today at a new 52-week high of $42.49. Approximately 581,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.

Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.

In the past 52 weeks, shares of Abercrombie & Fitch Company have traded between a low of $9.30 and a high of $42.49 and is now at $41.87, which is 350% above that low price.

Based on a current price of $41.87, Abercrombie & Fitch Company is currently 1.2% above its average consensus analyst price target of $41.36.

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