International Game Technology (NYSE:IGT) traded at a new 52-week high today of $24.64. This new high was reached on below average trading volume as 367,000 shares traded hands, while the average 30-day volume is approximately 2.4 million shares.
Potential upside of 60.5% exists for International Game Technology, based on a current level of $24.35 and analysts’ average consensus price target of $39.07.
In the past 52 weeks, shares of International Game Technology have traded between a low of $7.68 and a high of $24.64 and is now at $24.35, which is 217% above that low price.
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company’s operating segments include Global Lottery and Global Gaming. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services primarily to governmental organizations through operating contracts, facilities management contracts (FMCs), lottery management agreements (LMAs), and product sales contracts. Geographically, it derives a majority of revenue from the United States.
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