Shares of Raytheon Technologies Corporation (NYSE:RTX) traded at a new 52-week high today of $83.80. Approximately 1.6 million shares have changed hands today, as compared to an average 30-day volume of 7 million shares.
Based on a current price of $83.07, Raytheon Technologies Corporation is currently 2.6% above its average consensus analyst price target of $80.94.
In the past 52 weeks, shares of Raytheon Technologies Corporation have traded between a low of $51.13 and a high of $83.80 and is now at $83.07, which is 62% above that low price.
Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to the commercial aerospace manufactures and to the defense market as a prime and subprime contractor. The company operates in four segments: Pratt & Whitney, an engine manufacturer, Collins Aerospace, which is a diversified aerospace supplier, and intelligence, space and airborne systems, a mix between a sensors business and a government IT contractor, and integrated defense and missile systems, a defense prime contractor focusing on missiles and missile defense hardware.
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