Shares of Koppers Holdings Inc. (NYSE:KOP) traded today at $39.15, eclipsing its 52-week high. Approximately 91,000 shares have changed hands today, as compared to an average 30-day volume of 139,000 shares.
Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. The company’s product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in treatment of wood crossties, among others. Most revenue comes from the company’s railroad and utility products and services segment, and more than half of the company’s revenue is earned in the United States.
Based on a current price of $38.97, Koppers Holdings Inc. is currently 6.7% above its average consensus analyst price target of $36.35.
In the past 52 weeks, shares of Koppers Holdings Inc. have traded between a low of $8.25 and a high of $39.15 and is now at $38.97, which is 372% above that low price.
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