Shares of Barnes Group Inc. (NYSE:B) traded at a new 52-week high today of $56.95. Approximately 54,000 shares have changed hands today, as compared to an average 30-day volume of 188,000 shares.
Barnes Group Inc. share prices have moved between a 52-week high of $56.95 and a 52-week low of $30.22 and are now trading 84% above that low price at $55.66 per share.
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Based on a current price of $55.66, Barnes Group Inc. is currently 1.1% above its average consensus analyst price target of $55.06.
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