Shares of Atkore Inc. (NYSE:ATKR) traded today at $115.45, eclipsing its 52-week high. So far today approximately 153,000 shares have been exchanged, as compared to an average 30-day volume of 353,000 shares.
Atkore Inc. (NYSE:ATKR) is currently priced 66.3% above its average consensus analyst price target of $38.25.
Atkore Inc. share prices have moved between a 52-week high of $115.45 and a 52-week low of $29.75 and are now trading 281% above that low price at $113.43 per share.
Atkore is a diversified industrials company and a leading manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
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