Shares of L3Harris Technologies Inc. (NYSE:LHX) traded at a new 52-week high today of $232.99. Approximately 205,000 shares have changed hands today, as compared to an average 30-day volume of 949,000 shares.
L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration’s communication infrastructure, and produces various avionics for defense and commercial aviation.
Based on a current price of $232.57, L3Harris Technologies Inc. is currently 27.8% above its average consensus analyst price target of $167.96.
L3Harris Technologies Inc. share prices have moved between a 52-week high of $232.99 and a 52-week low of $158.09 and are now trading 47% above that low price at $232.57 per share.
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