Commercial Metals Company (NYSE:CMC) traded today at a new 52-week high of $32.43. Approximately 461,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
Commercial Metals operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.
In the past 52 weeks, shares of Commercial Metals Company have traded between a low of $13.05 and a high of $32.43 and is now at $31.36, which is 140% above that low price.
Commercial Metals Company (NYSE:CMC) is currently priced 12.3% above its average consensus analyst price target of $27.49.
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