CNXN - Shares of PC Connection Inc. (CNXN) Rise to a New 52-Week High

Shares of PC Connection Inc. (NASDAQ:CNXN) traded at a new 52-week high today of $56.19. This new high was reached on above average trading volume as 3.6 million shares traded hands, while the average 30-day volume is approximately 40,000 shares.

PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.

In the past 52 weeks, PC Connection Inc. share prices are bracketed by a current low of $22.31 and a high of $54.79 and is now at $53.22.

PC Connection Inc. (NASDAQ:CNXN) is currently priced 2.0% above its average consensus analyst price target of $52.14.

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