Shares of Synnex Corporation (NYSE:SNX) traded at a new 52-week high today of $105.61. This new high was reached on below average trading volume as 58,000 shares traded hands, while the average 30-day volume is approximately 259,000 shares.
In the past 52 weeks, shares of Synnex Corporation have traded between a low of $21.21 and a high of $105.61 and is now at $105.28, which is 396% above that low price.
Based on a current price of $105.28, Synnex Corporation is currently 2.2% above its average consensus analyst price target of $103.02.
Synnex Corp is a provider of wholesale IT integration, distribution, and outsourcing services. The company operates in a single segment, which is technology solutions. Technology solutions distribute peripheral, IT systems, including data center servers and storage solutions; system components; software, networking, communication, & security equipment; consumer electronics; and complementary products. Synnex distributes its products to more than 25,000 resellers, system integrators, and retailers. Its services include Systems Design and Integration Solutions, Logistics, Cloud, Online, Financing, and Marketing. The majority of the firm’s revenue is derived from the United States of America.
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