Watch for Continued Gains in Shares of e.l.f. Beauty Inc. (ELF)

April 15, 2021 10:08:50

Shares of e.l.f. Beauty Inc. (NYSE:ELF) traded at a new 52-week high today of $29.32. This new high was reached on below average trading volume as 67,000 shares traded hands, while the average 30-day volume is approximately 598,000 shares.

In the past 52 weeks, shares of e.l.f. Beauty Inc. have traded between a low of $9.73 and a high of $29.32 and is now at $29.30, which is 201% above that low price.

Potential upside of 206.6% exists for e.l.f. Beauty Inc., based on a current level of $29.30 and analysts’ average consensus price target of $89.84.

e.l.f. Beauty Inc is a cosmetic company based in the United States. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f brand.

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