COLM - Shares of Columbia Sportswear Company (COLM) Rise to a New 52-Week High

Columbia Sportswear Company (NASDAQ:COLM) traded at a new 52-week high today of $115.16. This new high was reached on above average trading volume as 17.8 million shares traded hands, while the average 30-day volume is approximately 398,000 shares.

Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has significant sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. Most sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. Columbia sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia, to manufacture its products.

Over the past year, Columbia Sportswear Company has traded in a range of $51.67 to $114.98 and is now at $88.62.

Columbia Sportswear Company (NASDAQ:COLM) is currently priced 1.8% above its average consensus analyst price target of $87.04.

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