Bill.com Holdings Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

July 22, 2021 10:07:13

Bill.com Holdings Inc. (NYSE:BILL) traded today at a new 52-week high of $204.49. So far today approximately 229,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Bill.com Holdings Inc is a provider of cloud-based software which automates complex back-office financial operations for SMBs. Its artificial-intelligence enabled financial software platform used mostly to build connections between customers, suppliers, and clients. The company’s platform generates and process invoices, streamline approvals, send and receive payments, sync with their accounting system, and manage their cash. The firm generates revenue through subscription and transaction fees.

In the past 52 weeks, shares of Bill.com Holdings Inc. have traded between a low of $80.50 and a high of $204.49 and is now at $203.59, which is 153% above that low price.

Bill.com Holdings Inc. (NYSE:BILL) is currently priced 22.3% above its average consensus analyst price target of $158.22.

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