Box Inc. Class A (NYSE:BOX) traded at a new 52-week high today of $29.21. Approximately 288,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature that enhance workflow management and collaboration.
Based on a current price of $29.05, Box Inc. Class A is currently 2.5% above its average consensus analyst price target of $28.32.
Box Inc. Class A share prices have moved between a 52-week high of $29.21 and a 52-week low of $20.36 and are now trading 43% above that low price at $29.05 per share.
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