Shares of Salesforce.com Inc (NYSE:CRM) traded at a new 52-week high today of $296.70. So far today approximately 675,000 shares have been exchanged, as compared to an average 30-day volume of 5.5 million shares.
Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company’s main customer relationship management software-as-a-service product. Salesforce.com also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Potential upside of 75.6% exists for Salesforce.com Inc, based on a current level of $295.50 and analysts’ average consensus price target of $519.03.
In the past 52 weeks, shares of Salesforce.com Inc have traded between a low of $201.51 and a high of $296.70 and is now at $295.50, which is 47% above that low price.
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