Dell Technologies Inc. Class C (NYSE:DELL) traded at a new 52-week high today of $99.31. So far today approximately 4 million shares have been exchanged, as compared to an average 30-day volume of 2.6 million shares.
Dell Technologies, born from Dell’s 2016 acquisition of EMC, is a leading provider of servers and storage products through its ISG segment; PCs, monitors, and peripherals via its CSG division; and virtualization software through VMware. Its brands include Dell, Dell EMC, VMware, Boomi, Secureworks, and Virtustream. The company focuses on supplementing its traditional mainstream servers and PCs with hardware and software products for hybrid-cloud environments. The Texas-based company employs around 145,000 people and sells into 180 countries.
Dell Technologies Inc. Class C (NYSE:DELL) is currently priced 6.8% above its average consensus analyst price target of $92.42.
Over the past year, Dell Technologies Inc. Class C has traded in a range of $37.20 to $99.31 and is now at $99.18, 167% above that low.
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