Hibbett Inc. (NASDAQ:HIBB) traded at a new 52-week high today of $98.03. So far today approximately 228,000 shares have been exchanged, as compared to an average 30-day volume of 508,000 shares.
Over the past year, Hibbett Inc. has traded in a range of $21.34 to $98.03 and is now at $97.75, 358% above that low.
Hibbett Inc. (NASDAQ:HIBB) is currently priced 63.4% above its average consensus analyst price target of $35.77.
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business in the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company’s primary retail format stores, accounting for the majority of the company’s total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
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