Shares of WESCO International Inc. (NYSE:WCC) traded today at $116.36, eclipsing its 52-week high. This new high was reached on below average trading volume as 91,000 shares traded hands, while the average 30-day volume is approximately 293,000 shares.
Wesco International is a value-added industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 125,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 42 distribution centers. Wesco generates 75% of its sales in the United States, but the company has a global reach, with operations in 50 other countries.
WESCO International Inc. (NYSE:WCC) is currently priced 6.5% above its average consensus analyst price target of $107.71.
In the past 52 weeks, WESCO International Inc. share prices are bracketed by a low of $39.45 and a high of $116.36 and is now at $115.20, 192% above that low price.
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