Shares of Mohawk Group Holdings Inc. (NASDAQ:MWK) traded at a new 52-week high today of $25.91. This new high was reached on below average trading volume as 249,000 shares traded hands, while the average 30-day volume is approximately 762,000 shares.
Over the past year, Mohawk Group Holdings Inc. has traded in a range of $1.42 to $25.91 and is now at $24.81, 1,647% above that low.
There is potential upside of 50.7% for shares of Mohawk Group Holdings Inc. based on a current price of $24.81 and an average consensus analyst price target of $37.40.
Mohawk Group Holdings Inc is a technology-enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances (dehumidifiers and air conditioners), beauty related products and, consumer electronics. It has various owned and operated brands: hOmeLabs, Vremi, Xtava, and RIF6. The company generates revenue through the online sales of various consumer products that are sold online.
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