Watch for Continued Gains in Shares of Generac Holdlings Inc. (GNRC)

July 2, 2021 11:14:19

Generac Holdlings Inc. (NYSE:GNRC) traded today at a new 52-week high of $419.00. So far today approximately 211,000 shares have been exchanged, as compared to an average 30-day volume of 761,000 shares.

Based on a current price of $416.25, Generac Holdlings Inc. is currently 24.2% above its average consensus analyst price target of $315.68.

Generac Holdings Inc designs and manufactures power generation equipment and other engines- powered products serving residential, commercial, oil, gas, and other industrial markets. It offers standby generators, and portable and mobile generators for a variety of applications. In addition, the company offers lighting, heating, pumps, and outdoor power equipment. Generac reports sales in multiple divisions: residential, commercial and industrial, and others. The company has the capability to produce a wide range of engine products from certain stationary generator solutions to much larger multimegawatt systems. Sales generated in the United States account for the majority of total sales.

In the past 52 weeks, Generac Holdlings Inc. share prices are bracketed by a low of $120.75 and a high of $419.00 and is now at $416.25, 245% above that low price.

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