Cedar Fair L.P. (NYSE:FUN) traded at a new 52-week high today of $59.21. So far today approximately 312,000 shares have been exchanged, as compared to an average 30-day volume of 636,000 shares.
Cedar Fair L.P. (NYSE:FUN) has potential upside of 345.1% based on a current price of $58.51 and analysts’ consensus price target of $260.45.
Over the past year, Cedar Fair L.P. has traded in a range of $39.15 to $59.21 and is now at $58.51, 49% above that low.
Cedar Fair LP operates amusement park-resorts located in various states across USA and Canada. All their parks have facilities for people from all age groups as well as exciting rides and attractions. The Partnership’s portfolio of parks includes Cedar Point, Kings Island, Canada’s Wonderland, Dorney Park and the Wildwater Kingdom, Valleyfair, Michigan’s Adventure, Kings Dominion, Carowinds, Worlds of Fun, Knott’s Berry Farm, and California’s Great America. Other than these parks, the partnership also holds a contract to operate few other parks. Revenues are obtained from amounts paid to gain admission to parks including parking fees, extra-charge attractions, and others.
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