Hibbett Sports Inc. (NASDAQ:HIBB) traded today at a new 52-week high of $78.25. Approximately 331,000 shares have changed hands today, as compared to an average 30-day volume of 538,000 shares.
Hibbett Sports Inc is a United States-based company that is mainly engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business in the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of two kinds of stores: Hibbett Sports, the company’s primary retail format stores, accounting for the majority of the company’s total stores, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
There is potential upside of 1.4% for shares of Hibbett Sports Inc. based on a current price of $75.00 and an average consensus analyst price target of $76.03.
Over the past year, Hibbett Sports Inc. has traded in a range of $7.33 to $78.25 and is now at $75.00, 923% above that low.
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