Shares of Riskified Ltd. Class A (NYSE:RSKD) traded today at $40.48, eclipsing its 52-week high. Approximately 782,000 shares have changed hands today, as compared to an average 30-day volume of 887,000 shares.
In the past 52 weeks, Riskified Ltd. Class A share prices are bracketed by a low of $25.38 and a high of $40.48 and is now at $37.50, 48% above that low price.
Based on a current price of $37.50, Riskified Ltd. Class A is currently 80.3% above its average consensus analyst price target of $7.41.
Riskified Ltd has built a next-generation eCommerce risk management platform that allows online merchants to create trusted relationships with their consumers. It primarily generates revenue by granting merchants access to its eCommerce risk management platform and reviewing and approving eCommerce transactions for legitimacy.
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