Shares of Titan International Inc. (DE) (NYSE:TWI) traded at a new 52-week high today of $19.81. Approximately 344,000 shares have changed hands today, as compared to an average 30-day volume of 662,000 shares.
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates through three segments namely Agricultural, Earthmoving/Construction, and Consumer. Geographically, business of the group can be seen in the United States, Brazil and other countries. Titan derives most of the revenue from Agricultural segment in which rims, wheels, tires and undercarriage systems and components are manufactured for use on various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment, and are sold directly to original equipment manufacturers and to the aftermarket through independent distributors, equipment dealers and Titan’s own distribution centers.
Titan International Inc. (DE) (NYSE:TWI) is currently priced 29.2% above its average consensus analyst price target of $14.00.
In the past 52 weeks, shares of Titan International Inc. (DE) have traded between a low of $6.69 and a high of $19.81 and is now at $19.77, which is 196% above that low price.
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