Fortive Corporation Looks to Continue to Trade Above its Annual-High Share Price Today

November 1, 2021 10:04:46

Shares of Fortive Corporation (NYSE:FTV) traded at a new 52-week high today of $76.63. So far today approximately 376,000 shares have been exchanged, as compared to an average 30-day volume of 2 million shares.

Based on a current price of $75.94, Fortive Corporation is currently 7.4% above its average consensus analyst price target of $70.34.

In the past 52 weeks, shares of Fortive Corporation have traded between a low of $60.82 and a high of $76.63 and is now at $75.94, which is 25% above that low price.

Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $4.6 billion in revenue and $976 million in adjusted operating income in 2020.

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