Shares of Navient Corporation (NASDAQ:NAVI) traded today at $20.71, eclipsing its 52-week high. This new high was reached on below average trading volume as 138,000 shares traded hands, while the average 30-day volume is approximately 1.8 million shares.
Navient Corporation share prices have moved between a 52-week high of $20.71 and a 52-week low of $6.97 and are now trading 196% above that low price at $20.65 per share.
Navient Corporation (NASDAQ:NAVI) is currently priced 55.2% above its average consensus analyst price target of $9.24.
Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company’s fourth and other segment relates to financial results of the company’s holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.
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