Shares of ServiceNow Inc. (NOW) Rise to a New 52-Week High

October 19, 2021 11:31:19

Shares of ServiceNow Inc. (NYSE:NOW) traded today at $687.69, eclipsing its 52-week high. Approximately 625,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management (ITSM), expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service (PaaS).

In the past 52 weeks, shares of ServiceNow Inc. have traded between a low of $448.27 and a high of $687.69 and is now at $681.17, which is 52% above that low price.

ServiceNow Inc. (NYSE:NOW) is currently priced 32.1% above its average consensus analyst price target of $462.44.

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