Shares of Globant S.A. (NYSE:GLOB) traded today at $332.79, eclipsing its 52-week high. Approximately 91,000 shares have changed hands today, as compared to an average 30-day volume of 318,000 shares.
In the past 52 weeks, shares of Globant S.A. have traded between a low of $157.03 and a high of $332.79 and is now at $330.70, which is 111% above that low price.
Globant SA is a software technology developer based in Luxemburg. It creates platforms which are powered by native digital technology, better known as digital journeys. The digital journey incorporates various software products, mobile apps and sensors that assist its clients in knowing its end user’s behavioral pattern. The key aspects of the digital journey are stay relevant, discover and build. The stay relevant helps its clients in staying abreast of the developments in its industry and taking preemptive measures. The discover conceives digital journeys for the users based on consumer behaviors and technologies and the build creates each digital journey leveraging the work of its studios. The company’s revenue is primarily generated by its technology services in the United States.
Based on a current price of $330.70, Globant S.A. is currently 22.4% above its average consensus analyst price target of $256.68.
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