Dycom Industries Inc. (NYSE:DY) traded at a new 52-week high today of $93.49. Approximately 86,000 shares have changed hands today, as compared to an average 30-day volume of 364,000 shares.
Dycom Industries Inc provides contracting services in the United States and Canada. It offers program management, engineering, construction, maintenance, and installation services for telecommunications providers and utilities. Engineering services include the design of aerial, underground, and buried telecommunications systems that extend from telephone companies to end-users’ homes or businesses. Dycom Industries utilizes copper, coaxial cables, and other materials, and constructs trenches and structures to place the cables or improve distribution lines to consumers. In addition, the company provides tower construction, antenna installation, and other equipment for wireless carriers and television system operators. The majority of sales derive from the United States.
Dycom Industries Inc. (NYSE:DY) has potential upside of 113.5% based on a current price of $92.81 and analysts’ consensus price target of $198.18.
In the past 52 weeks, Dycom Industries Inc. share prices are bracketed by a low of $12.24 and a high of $93.49 and is now at $92.81, 658% above that low price.
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