Shares of Collectors Universe Inc. (NASDAQ:CLCT) traded today at $92.00, eclipsing its 52-week high. Approximately 147,000 shares have changed hands today, as compared to an average 30-day volume of 390,000 shares.
Collectors Universe Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia. The company generates revenues principally from the fees paid for its authentication and grading services. To a much lesser extent, it generates revenues from other related services, which consist of the sale of advertising and click-through commissions earned on its websites, including Collectors.com, the sale of printed publications and collectibles price guides and advertising in such publications and the sale of membership subscriptions in its Collectors Club.
Collectors Universe Inc. (NASDAQ:CLCT) is currently priced 17.7% above its average consensus analyst price target of $75.68.
Over the past year, Collectors Universe Inc. has traded in a range of $13.26 to $92.00 and is now at $91.91, 593% above that low.
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