Safeguard Scientifics Inc. (NYSE:SFE) traded today at a new 52-week high of $8.63. Approximately 196,000 shares have changed hands today, as compared to an average 30-day volume of 228,000 shares.
Safeguard Scientifics Inc is engaged in the development of early- and growth-stage businesses by providing capital and relevant expertise to fuel the growth of an attractive portfolio of technology-enabled healthcare, digital media and other companies. Safeguard generally promotes the growth and development of these companies through the Board representation and minority equity ownership. In addition to supporting the companies, Safeguard’s strategy focuses on pursuing monetization opportunities in order to return value to shareholders.
In the past 52 weeks, shares of Safeguard Scientifics Inc. have traded between a low of $5.15 and a high of $8.63 and is now at $8.33, which is 62% above that low price.
Safeguard Scientifics Inc. has overhead space with shares priced $8.33, or 88.0% below the average consensus analyst price target of $69.69.
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