Shares of Teradyne Inc. (NASDAQ:TER) traded today at $154.15, eclipsing its 52-week high. This new high was reached on below average trading volume as 210,000 shares traded hands, while the average 30-day volume is approximately 1.5 million shares.
Teradyne Inc designs, develops and manufactures automatic test systems for use in semiconductors, wireless products, data storage, and electronic systems in the wireless, automotive, industrial, communications, aerospace, and defense industries. The company operates in four business segments organized by end market: semiconductor test, system test, wireless test, and industrial automation. Teradyne tests help improve and control product quality, measure performance, and increase yields. The firm generates revenue primarily in Taiwan, China, the United States, Japan, and South Korea, but has a presence in countries across the world.
Based on a current price of $153.60, Teradyne Inc. is currently 20.6% above its average consensus analyst price target of $121.98.
Over the past year, Teradyne Inc. has traded in a range of $104.05 to $154.15 and is now at $153.60, 48% above that low.
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