Shares of Arista Networks Inc. (NYSE:ANET) traded today at $378.85, eclipsing its 52-week high. This new high was reached on below average trading volume as 55,000 shares traded hands, while the average 30-day volume is approximately 472,000 shares.
In the past 52 weeks, shares of Arista Networks Inc. have traded between a low of $192.96 and a high of $378.85 and is now at $378.85, which is 96% above that low price.
Arista Networks Inc. (NYSE:ANET) defies analysts with a current price ($378.85) 7.6% above its average consensus price target of $349.96.
Arista Networks is a software and hardware provider for the networking solutions sector. Operating as one business unit, software, switching, and router products are targeted for high-performance networking applications, while service revenue comes from technical support. Customer markets include data centers, enterprises, service providers, and campuses. The company is headquartered in Santa Clara, California, and generates most of its revenue in the Americas. It also sells into Europe, the Middle East, Africa, and Asia-Pacific.
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