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

July 7, 2021 11:06:07

Shares of Generac Holdlings Inc. (NYSE:GNRC) traded today at $440.00, eclipsing its 52-week high. So far today approximately 306,000 shares have been exchanged, as compared to an average 30-day volume of 789,000 shares.

Generac Holdlings Inc. (NYSE:GNRC) defies analysts with a current price ($431.09) 26.8% above its average consensus price target of $315.68.

In the past 52 weeks, Generac Holdlings Inc. share prices are bracketed by a low of $123.45 and a high of $440.00 and is now at $431.09, 249% above that low price.

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.

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