Super Micro Computer Inc. (NASDAQ:SMCI) traded at a new 52-week high today of $47.33. This new high was reached on below average trading volume as 109,000 shares traded hands, while the average 30-day volume is approximately 205,000 shares.
Super Micro Computer Inc. (NASDAQ:SMCI) is currently priced 2.0% above its average consensus analyst price target of $45.78.
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high performance computing, and “Internet of Things” embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. More than half of the firm’s revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
Super Micro Computer Inc. share prices have moved between a 52-week high of $47.33 and a 52-week low of $30.52 and are now trading 53% above that low price at $46.70 per share.
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