Sony Corporation: 52-Week High Recently Eclipsed (SNE)

February 5, 2021 11:42:23

Sony Corporation (NYSE:SNE) traded today at a new 52-week high of $118.50. Approximately 999,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.

In the past 52 weeks, shares of Sony Corporation have traded between a low of $50.94 and a high of $118.50 and is now at $115.87, which is 127% above that low price.

Sony is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, and movies, and so on. Sony’s business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

Based on a current price of $115.87, Sony Corporation is currently 48.3% above its average consensus analyst price target of $59.92.

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