Shares of Owens & Minor Inc. (OMI) Have Risen Above Previous 52-Week High

May 27, 2021 10:42:27

Owens & Minor Inc. (NYSE:OMI) traded at a new 52-week high today of $45.10. This new high was reached on approximately average trading volume as 1.1 million shares traded hands, while the average 30-day volume is approximately 1.3 million shares.

Owens & Minor distributes consumable medical supplies to a variety of providers. The company operates in two segments that are Global products and Global Solutions. The company offers a portfolio of products and services to healthcare providers and manufacturers in the Global solutions segment. In the Global product segment, the company manufactures and sources medical-surgical products through our production and kitting operations. The majority of the revenue is generated from the Global solutions segment. The company operates in Asia, Europe, Latin America, and the United States, while the majority of revenue comes from the United States.

Owens & Minor Inc. (NYSE:OMI) is currently priced 71.7% above its average consensus analyst price target of $12.64.

Owens & Minor Inc. share prices have moved between a 52-week high of $45.10 and a 52-week low of $6.92 and are now trading 546% above that low price at $44.72 per share.

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