Shares of United Rentals Inc. (NYSE:URI) traded today at $384.92, eclipsing its 52-week high. So far today approximately 151,000 shares have been exchanged, as compared to an average 30-day volume of 624,000 shares.
United Rentals Inc. (NYSE:URI) is currently priced 27.0% above its average consensus analyst price target of $279.61.
Over the past year, United Rentals Inc. has traded in a range of $169.27 to $384.92 and is now at $383.00, 126% above that low.
United Rentals Inc is an equipment rental company. The company’s operating segment includes General rentals and Trench, power and fluid solutions. Its General rentals are subdivided into General construction and industrial equipment; Aerial work platforms and General tools and light equipment. The Trench, power and fluid solutions are subdivided into Power and HVAC equipment; Trench safety equipment, and Fluid solutions equipment. It generates maximum revenue from the General construction and industrial equipment from the General rentals segment. The General construction and industrial equipment include such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment.
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