The Michaels Companies Inc. (NASDAQ:MIK) traded at a new 52-week high today of $12.67. Approximately 2.2 million shares have changed hands today, as compared to an average 30-day volume of 4 million shares.
The Michaels Companies Inc is an arts and crafts specialty retailer in North America.
Potential upside of 67.6% exists for The Michaels Companies Inc., based on a current level of $11.96 and analysts’ average consensus price target of $20.05.
The Michaels Companies Inc. share prices have moved between a 52-week high of $12.67 and a 52-week low of $1.00 and are now trading 1,096% above that low price at $11.96 per share.
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