Watch for Continued Gains in Shares of Dell Technologies Inc. Class C (DELL)

January 13, 2022 11:10:58

Dell Technologies Inc. Class C (NYSE:DELL) traded today at a new 52-week high of $60.73. Approximately 880,000 shares have changed hands today, as compared to an average 30-day volume of 4.3 million shares.

Dell Technologies Inc. Class C (NYSE:DELL) defies analysts with a current price ($60.41) 51.8% above its average consensus price target of $29.12.

In the past 52 weeks, shares of Dell Technologies Inc. Class C have traded between a low of $32.78 and a high of $60.73 and is now at $60.41, which is 84% above that low price.

Dell Technologies, born from Dell’s 2016 acquisition of EMC, is a leading provider of servers, storage, and networking products through its ISG segment, and PCs, monitors, and peripherals via its CSG division. Its brands include Dell, Dell EMC, Secureworks, and Virtustream. The company focuses on supplementing its traditional mainstream servers and PCs with hardware and software products for hybrid-cloud environments. The Texas-based company employs around 158,000 people and sells globally.

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