GOLF - Shares of Acushnet Holdings Corp. (GOLF) Rise Above Previous 52-Week High

Shares of Acushnet Holdings Corp. (NYSE:GOLF) traded at a new 52-week high today of $56.85. So far today approximately 187,000 shares have been exchanged, as compared to an average 30-day volume of 160,000 shares.

Over the past year, Acushnet Holdings Corp. has traded in a range of $32.42 to $56.85 and is now at $52.89, 63% above that low.

Based on a current price of $52.89, Acushnet Holdings Corp. is currently 43.4% above its average consensus analyst price target of $29.95.

Acushnet Holdings Corp is a US-based company engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

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