Shares of Nucor Corporation (NYSE:NUE) traded today at $147.26, eclipsing its 52-week high. So far today approximately 663,000 shares have been exchanged, as compared to an average 30-day volume of 3.3 million shares.
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
Based on a current price of $144.03, Nucor Corporation is currently 4.8% above its average consensus analyst price target of $137.12.
In the past 52 weeks, shares of Nucor Corporation have traded between a low of $66.92 and a high of $147.26 and is now at $144.03, which is 115% above that low price.
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