Watch for Continued Gains in Shares of DexCom Inc. (DXCM)

September 14, 2021 10:05:49

Shares of DexCom Inc. (NASDAQ:DXCM) traded today at $559.76, eclipsing its 52-week high. Approximately 103,000 shares have changed hands today, as compared to an average 30-day volume of 557,000 shares.

DexCom Inc. (NASDAQ:DXCM) is currently priced 6.5% above its average consensus analyst price target of $513.59.

In the past 52 weeks, shares of DexCom Inc. have traded between a low of $305.63 and a high of $559.76 and is now at $549.20, which is 80% above that low price.

DexCom Inc designs and commercializes continuous glucose monitoring systems for diabetics. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to include the disposable sensor and the durable receiver.

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