Shares of Sanderson Farms Inc. (NASDAQ:SAFM) traded at a new 52-week high today of $196.70. So far today approximately 123,000 shares have been exchanged, as compared to an average 30-day volume of 377,000 shares.
In the past 52 weeks, Sanderson Farms Inc. share prices are bracketed by a low of $112.73 and a high of $196.70 and is now at $196.54, 74% above that low price.
Sanderson Farms Inc. (NASDAQ:SAFM) defies analysts with a current price ($196.54) 83.3% above its average consensus price target of $32.75.
Sanderson Farms is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
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