United Rentals Inc. (NYSE:URI) traded at a new 52-week high today of $354.20. This new high was reached on below average trading volume as 215,000 shares traded hands, while the average 30-day volume is approximately 721,000 shares.
United Rentals Inc. (NYSE:URI) defies analysts with a current price ($354.20) 6.9% above its average consensus price target of $329.67.
United Rentals Inc is an equipment rental company. The company’s operating segment includes General rentals and Trench, power and fluid solutions. Its General rentals are subdivided into General construction and industrial equipment; Aerial work platforms and General tools and light equipment. The Trench, power and fluid solutions are subdivided into Power and HVAC equipment; Trench safety equipment, and Fluid solutions equipment. It generates maximum revenue from the General construction and industrial equipment from the General rentals segment. The General construction and industrial equipment include such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment.
In the past 52 weeks, United Rentals Inc. share prices are bracketed by a low of $105.26 and a high of $354.20 and is now at $354.20, 237% above that low price.
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