John Bean Technologies Corporation (NYSE:JBT) traded at a new 52-week high today of $151.60. So far today approximately 91,000 shares have been exchanged, as compared to an average 30-day volume of 169,000 shares.
Based on a current price of $150.33, John Bean Technologies Corporation is currently 1.9% above its average consensus analyst price target of $147.47.
In the past 52 weeks, shares of John Bean Technologies Corporation have traded between a low of $56.17 and a high of $151.60 and is now at $150.33, which is 168% above that low price.
John Bean Technologies is a mid-cap, diversified industrial conglomerate that spun out of FMC Technologies in August 2008. Over half of JBT’s sales are made in the United States. The firm operates through two segments: JBT FoodTech and JBT AeroTech. FoodTech provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions. Aerotech sells solutions to airport authorities, passenger airlines, airfreight firms, and defense contractors, among others. These solutions include gate equipment, as well as commercial and military cargo loading, aircraft deicing, and aircraft ground power and cooling system products.
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