Shares of Zimmer Biomet Holdings Inc. (NYSE:ZBH) traded at a new 52-week high today of $171.55. This new high was reached on below average trading volume as 158,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Zimmer Biomet Holdings Inc. (NYSE:ZBH) is currently priced 1.7% above its average consensus analyst price target of $168.50.
Zimmer Biomet Holdings Inc. share prices have moved between a 52-week high of $171.55 and a 52-week low of $107.21 and are now trading 60% above that low price at $171.49 per share.
Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly 60% of total revenue is derived from sales of large joints, another 22% comes from extremities and trauma; the remaining portion is primarily related to spine and dental products.
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