Shares of Party City Holdco Inc. (PRTY) Rise to a New 52-Week High

February 8, 2021 12:40:39

Party City Holdco Inc. (NYSE:PRTY) traded today at a new 52-week high of $9.21. So far today approximately 1.8 million shares have been exchanged, as compared to an average 30-day volume of 4 million shares.

Over the past year, Party City Holdco Inc. has traded in a range of $0.26 to $9.21 and is now at $8.85, 3,304% above that low.

Party City Holdco Inc. (NYSE:PRTY) is currently priced 29.0% above its average consensus analyst price target of $6.28.

Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the US, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.

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