Shares of Varian Medical Systems Inc. (NYSE:VAR) traded today at $177.38, eclipsing its 52-week high. Approximately 592,000 shares have changed hands today, as compared to an average 30-day volume of 813,000 shares.
Varian Medical Systems designs, manufactures, and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (47%), followed by Europe, the Middle East, and Africa (33%) and Asia-Pacific (19%).
Based on a current price of $177.26, Varian Medical Systems Inc. is currently 3.1% above its average consensus analyst price target of $171.70.
In the past 52 weeks, shares of Varian Medical Systems Inc. have traded between a low of $99.24 and a high of $177.38 and is now at $177.26, which is 79% above that low price.
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