Nucor Corporation (NYSE:NUE) traded today at a new 52-week high of $152.63. This new high was reached on below average trading volume as 1.1 million shares traded hands, while the average 30-day volume is approximately 3.3 million shares.
In the past 52 weeks, Nucor Corporation share prices are bracketed by a low of $66.92 and a high of $152.63 and is now at $152.49, 128% above that low price.
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
Based on a current price of $152.49, Nucor Corporation is currently 5.5% above its average consensus analyst price target of $144.09.
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