Shares of Advance Auto Parts Inc W/I (AAP) Rise to a New 52-Week High

May 3, 2021 09:49:22

Advance Auto Parts Inc W/I (NYSE:AAP) traded at a new 52-week high today of $202.78. Approximately 62,000 shares have changed hands today, as compared to an average 30-day volume of 803,000 shares.

Advance Auto Parts is one of the industry’s largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,976 stores as of the end of 2020, in addition to servicing 1,277 independently owned Carquest stores. The company’s Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 57% of its 2020 sales from commercial clients, up from 30%-40% before the General Parts deal.

Advance Auto Parts Inc W/I (NYSE:AAP) is currently priced 2.3% above its average consensus analyst price target of $197.06.

In the past 52 weeks, Advance Auto Parts Inc W/I share prices are bracketed by a low of $115.00 and a high of $202.78 and is now at $201.80, 75% above that low price.

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