Avista Corporation (NYSE:AVA) traded today at a new 52-week high of $48.80. This new high was reached on below average trading volume as 90,000 shares traded hands, while the average 30-day volume is approximately 526,000 shares.
In the past 52 weeks, Avista Corporation share prices are bracketed by a low of $32.26 and a high of $48.80 and is now at $48.72, 51% above that low price.
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which transmits and distributes electricity and natural gas; and AEL&P, which provides electric services in Juneau, Alaska. The firm primarily uses hydroelectric, thermal, and wind energy to generate power. Secondarily, Avista engages in sheet metal fabrication of electronics for a variety of industries (computer, construction, medical industries, and so on).
Avista Corporation (NYSE:AVA) is currently priced 0.8% above its average consensus analyst price target of $48.32.
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