JBL - Jabil Inc. Looks to Continue to Trade Above its Annual-High Share Price Today
Jabil Inc. (NYSE:JBL) traded today at a new 52-week high of $58.27. So far today approximately 148,000 shares have been exchanged, as compared to an average 30-day volume of 756,000 shares.
Based on a current price of $58.10, Jabil Inc. is currently 85.8% above its average consensus analyst price target of $8.26.
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused around leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
In the past 52 weeks, shares of Jabil Inc. have traded between a low of $29.24 and a high of $58.27 and is now at $58.10, which is 99% above that low price.
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