AVLR - Shares of Avalara Inc. (AVLR) Have Risen Above Previous 52-Week High
Shares of Avalara Inc. (NYSE:AVLR) traded today at $191.34, eclipsing its 52-week high. Approximately 171,000 shares have changed hands today, as compared to an average 30-day volume of 620,000 shares.
In the past 52 weeks, shares of Avalara Inc. have traded between a low of $115.00 and a high of $191.34 and is now at $189.74, which is 65% above that low price.
Avalara Inc provides compliance solutions. It provides software solutions that help businesses of all types and sizes comply with tax requirements for transactions worldwide. The company offers a broad and growing suite of compliance solutions for transaction taxes, such as sales and use tax, VAT, fuel excise tax, beverage alcohol, cross-border taxes, lodging tax, and communications tax. These solutions enable customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. It generates revenue in the form of subscriptions and professional services.
Avalara Inc. (NYSE:AVLR) is currently priced 37.0% above its average consensus analyst price target of $119.56.
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