Hewlett Packard Enterprise Company (NYSE:HPE) traded today at a new 52-week high of $16.60. This new high was reached on below average trading volume as 6.3 million shares traded hands, while the average 30-day volume is approximately 12.1 million shares.
Hewlett Packard Enterprise is a supplier of IT infrastructure products and services. The company operates as three major segments. Its hybrid IT division primarily sells computer servers, storage arrays, and Pointnext technical services. The intelligent edge group sells Aruba networking products and services. HPE’s financial services division offers financing and leasing plans for customers. The Palo Alto, California-based company sells on a global scale and has approximately 66,000 employees.
Based on a current price of $16.46, Hewlett Packard Enterprise Company is currently 23.7% above its average consensus analyst price target of $12.56.
In the past 52 weeks, shares of Hewlett Packard Enterprise Company have traded between a low of $8.29 and a high of $16.60 and is now at $16.46, which is 99% above that low price.
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