Shares of Motorola Solutions Inc. (NYSE:MSI) traded at a new 52-week high today of $246.97. Approximately 459,000 shares have changed hands today, as compared to an average 30-day volume of 670,000 shares.
In the past 52 weeks, Motorola Solutions Inc. share prices are bracketed by a low of $149.81 and a high of $246.97 and is now at $245.25, 64% above that low price.
Motorola Solutions Inc. (NYSE:MSI) is currently priced 17.6% above its average consensus analyst price target of $202.20.
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm’s revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Seventy-five percent of Motorola’s revenue comes from government agencies, while 25% comes from its commercial customers. Motorola has customers in over 100 countries and in every state in the United States.
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