Nucor Corporation (NYSE:NUE) traded today at a new 52-week high of $140.78. This new high was reached on below average trading volume as 381,000 shares traded hands, while the average 30-day volume is approximately 3.3 million shares.
Based on a current price of $137.75, Nucor Corporation is currently 3.8% above its average consensus analyst price target of $132.47.
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
In the past 52 weeks, shares of Nucor Corporation have traded between a low of $66.92 and a high of $140.78 and is now at $137.75, which is 106% above that low price.
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