Shares of Keysight Technologies Inc. (NYSE:KEYS) traded at a new 52-week high today of $158.58. This new high was reached on below average trading volume as 243,000 shares traded hands, while the average 30-day volume is approximately 863,000 shares.
Keysight Technologies Inc provides electronic design and test solutions to the communications and electronics industries. The firm operates in two segments: measurement solutions and customer support and services. The measurement solutions segment generates the vast majority of revenue and sells hardware and software products, including radio frequency, microwave, and digital solutions. The customer support and services segment provides repair and calibration services to customers who have purchased Keysight products and helps resell refurbished equipment. Over half of Keysight’s sales are generated in the United States, China, and Japan.
Over the past year, Keysight Technologies Inc. has traded in a range of $90.62 to $158.58 and is now at $158.46, 75% above that low.
Keysight Technologies Inc. (NYSE:KEYS) defies analysts with a current price ($158.46) 18.5% above its average consensus price target of $129.09.
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