BOX - Shares of Box Inc. Class A (BOX) Rise Above Previous 52-Week High
Shares of Box Inc. Class A (NYSE:BOX) traded today at $28.99, eclipsing its 52-week high. Approximately 483,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
Over the past year, Box Inc. Class A has traded in a range of $20.36 to $28.99 and is now at $28.36, 39% above that low.
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature that enhance workflow management and collaboration.
Box Inc. Class A (NYSE:BOX) is currently priced 1.2% above its average consensus analyst price target of $28.03.
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