Mattel Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

March 16, 2021 11:01:00

Mattel Inc. (NASDAQ:MAT) traded today at a new 52-week high of $21.83. Approximately 1.6 million shares have changed hands today, as compared to an average 30-day volume of 3.1 million shares.

In the past 52 weeks, Mattel Inc. share prices are bracketed by a low of $6.53 and a high of $21.83 and is now at $21.80, 234% above that low price.

Based on a current price of $21.80, Mattel Inc. is currently 3.7% above its average consensus analyst price target of $20.99.

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, and plush and fashion-related toys. Mattel’s owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl. In addition, it currently manufactures toy products for its segments both internally and externally (through outside manufacturers).

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