Shares of Cooper Tire & Rubber Company (NYSE:CTB) traded today at $56.00, eclipsing its 52-week high. So far today approximately 4.5 million shares have been exchanged, as compared to an average 30-day volume of 363,000 shares.
Cooper Tire & Rubber Company (NYSE:CTB) is currently priced 52.5% above its average consensus analyst price target of $26.55.
Cooper Tire & Rubber Company share prices have moved between a 52-week high of $56.00 and a 52-week low of $13.82 and are now trading 305% above that low price at $55.94 per share.
Cooper Tire & Rubber Co is a manufacturer of replacement tires. It is engaged in design, manufacturing, and sales of passenger car, light truck, truck and bus radial, motorcycle and racing tires. The company has four geographical segments namely North America, Latin America, Europe, and Asia. It generates revenue from two sources Americas Tire and International Tire of which Americas Tire generates maximum revenue to the company. The company brands include Cooper, Mastercraft, Avon Tyres, Roadmaster, Starfire, Mickey Thompson, Dick Cepek, and Dean.
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