CNH Industrial N.V. (NYSE:CNHI) traded at a new 52-week high today of $17.77. Approximately 2.7 million shares have changed hands today, as compared to an average 30-day volume of 3 million shares.
CNH Industrial is a global industrial company that manufactures a range of products including agricultural equipment, construction equipment, commercial vehicles, and powertrain components. It is incorporated in the Netherlands and has its principal office in London. Its most senior executives work out of Burr Ridge, Illinois. Although the company was formed in 2013, the oldest elements of the organization date back to the 1830s. Total company revenue was about $24 billion in 2020 with approximately 42% of manufacturing revenue generated from agricultural equipment, 8% from construction equipment, 36% from commercial vehicles, and the rest from the powertrain segment.
In the past 52 weeks, shares of CNH Industrial N.V. have traded between a low of $6.02 and a high of $17.77 and is now at $17.47, which is 190% above that low price.
Potential upside of 1,815.4% exists for CNH Industrial N.V., based on a current level of $17.47 and analysts’ average consensus price target of $334.62.
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