Shares of Teradyne Inc. (NASDAQ:TER) traded today at $161.64, eclipsing its 52-week high. So far today approximately 210,000 shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.
In the past 52 weeks, shares of Teradyne Inc. have traded between a low of $104.05 and a high of $161.64 and is now at $159.50, which is 53% above that low price.
Teradyne Inc. (NASDAQ:TER) defies analysts with a current price ($159.50) 23.0% above its average consensus price target of $122.84.
Teradyne Inc designs, develops and manufactures automatic test systems for use in semiconductors, wireless products, data storage, and electronic systems in the wireless, automotive, industrial, communications, aerospace, and defense industries. The company operates in four business segments organized by end market: semiconductor test, system test, wireless test, and industrial automation. Teradyne tests help improve and control product quality, measure performance, and increase yields. The firm generates revenue primarily in Taiwan, China, the United States, Japan, and South Korea, but has a presence in countries across the world.
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