WESCO International Inc. (NYSE:WCC) traded at a new 52-week high today of $121.19. Approximately 59,000 shares have changed hands today, as compared to an average 30-day volume of 240,000 shares.
In the past 52 weeks, shares of WESCO International Inc. have traded between a low of $39.45 and a high of $121.19 and is now at $120.35, which is 205% above that low price.
Based on a current price of $120.35, WESCO International Inc. is currently 68.1% above its average consensus analyst price target of $38.35.
Wesco International is a value-added industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 125,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 42 distribution centers. Wesco generates 75% of its sales in the United States, but the company has a global reach, with operations in 50 other countries.
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