Shares of Arista Networks Inc. (NYSE:ANET) traded at a new 52-week high today of $377.69. So far today approximately 93,000 shares have been exchanged, as compared to an average 30-day volume of 472,000 shares.
Arista Networks is a software and hardware provider for the networking solutions sector. Operating as one business unit, software, switching, and router products are targeted for high-performance networking applications, while service revenue comes from technical support. Customer markets include data centers, enterprises, service providers, and campuses. The company is headquartered in Santa Clara, California, and generates most of its revenue in the Americas. It also sells into Europe, the Middle East, Africa, and Asia-Pacific.
In the past 52 weeks, Arista Networks Inc. share prices are bracketed by a low of $192.96 and a high of $377.69 and is now at $376.73, 95% above that low price.
Arista Networks Inc. (NYSE:ANET) is currently priced 8.0% above its average consensus analyst price target of $346.77.
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