Shares of Mattel Inc. (NASDAQ:MAT) traded today at $20.76, eclipsing its 52-week high. This new high was reached on below average trading volume as 1.6 million shares traded hands, while the average 30-day volume is approximately 2.8 million shares.
In the past 52 weeks, Mattel Inc. share prices are bracketed by a low of $6.53 and a high of $20.76 and is now at $20.70, 217% above that low price.
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, handheld and other games, puzzles, educational toys, media-driven products, plush and fashion-related toys. Mattel’s owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl, among other brands. In addition, it currently manufactures toy products for its segments both internally and externally, through outside manufacturers.
Based on a current price of $20.70, Mattel Inc. is currently 2.4% above its average consensus analyst price target of $20.20.
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