Houlihan Lokey Inc. Class A Looks to Continue to Trade Above its Annual-High Share Price Today

October 19, 2021 11:28:53

Houlihan Lokey Inc. Class A (NYSE:HLI) traded at a new 52-week high today of $104.36. This new high was reached on below average trading volume as 60,000 shares traded hands, while the average 30-day volume is approximately 285,000 shares.

Houlihan Lokey Inc. Class A (NYSE:HLI) is currently priced 11.5% above its average consensus analyst price target of $92.16.

Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.

In the past 52 weeks, Houlihan Lokey Inc. Class A share prices are bracketed by a low of $61.19 and a high of $104.36 and is now at $104.18, 70% above that low price.

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