L3Harris Technologies Inc. (NYSE:LHX) traded at a new 52-week high today of $229.16. So far today approximately 155,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration’s communication infrastructure, and produces various avionics for defense and commercial aviation.
L3Harris Technologies Inc. (NYSE:LHX) is currently priced 20.4% above its average consensus analyst price target of $182.00.
In the past 52 weeks, shares of L3Harris Technologies Inc. have traded between a low of $158.09 and a high of $229.16 and is now at $228.58, which is 45% above that low price.
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