Shares of Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) traded today at $123.50, eclipsing its 52-week high. So far today approximately 424,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
In the past 52 weeks, shares of Ollie’s Bargain Outlet Holdings Inc. have traded between a low of $28.83 and a high of $123.50 and is now at $103.63, which is 259% above that low price.
Ollie’s Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) is currently priced 42.6% above its average consensus analyst price target of $59.49.
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