Shares of Methode Electronics Inc. (NYSE:MEI) traded at a new 52-week high today of $44.17. So far today approximately 94,000 shares have been exchanged, as compared to an average 30-day volume of 183,000 shares.
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company’s medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Methode Electronics Inc. (NYSE:MEI) is currently priced 1.0% above its average consensus analyst price target of $43.68.
Methode Electronics Inc. share prices have moved between a 52-week high of $44.17 and a 52-week low of $21.76 and are now trading 103% above that low price at $44.11 per share.
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