Commercial Metals Company (NYSE:CMC) traded at a new 52-week high today of $25.59. This new high was reached on below average trading volume as 329,000 shares traded hands, while the average 30-day volume is approximately 1.5 million shares.
Commercial Metals Company (NYSE:CMC) defies analysts with a current price ($25.52) 3.2% above its average consensus price target of $24.70.
Commercial Metals operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.
In the past 52 weeks, Commercial Metals Company share prices are bracketed by a low of $10.76 and a high of $25.59 and is now at $25.52, 137% above that low price.
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