Watch for Continued Gains in Shares of Twilio Inc. Class A (TWLO)

February 18, 2021 11:30:04

Twilio Inc. Class A (NYSE:TWLO) traded at a new 52-week high today of $457.30. This new high was reached on above average trading volume as 2.5 million shares traded hands, while the average 30-day volume is approximately 1.7 million shares.

Twilio Inc. Class A (NYSE:TWLO) is currently priced 21.9% above its average consensus analyst price target of $345.54.

Over the past year, Twilio Inc. Class A has traded in a range of $68.06 to $457.30 and is now at $442.51, 550% above that low.

Twilio is a communications platform as a service company that allows software developers to integrate messaging and communications functionality into existing or new applications via application programming interfaces, or APIs, and software development kits, or SDKs. The firm’s Programmable Communications Cloud addresses several use cases, including Programmable Voice to make and receive phone calls, Programmable Messaging for SMS and MMS delivery, and Programmable Video that allows developers to embed video functionality in mobile and web applications.

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