Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) traded today at $32.35, eclipsing its 52-week high. This new high was reached on below average trading volume as 1.1 million shares traded hands, while the average 30-day volume is approximately 2.8 million shares.
Axalta Coating Systems Ltd. (NYSE:AXTA) defies analysts with a current price ($31.95) 1.8% above its average consensus price target of $31.36.
Axalta Coating Systems Ltd manufactures, markets and distributes performance coating and transportation coating systems. It operates in two segments. The Performance Coatings segment, which is the key revenue driver, provides liquid and powder coatings solutions to a fragmented and local customer base. Its end-markets include refinish and industrial. The Transportation Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
In the past 52 weeks, Axalta Coating Systems Ltd. share prices are bracketed by a low of $16.38 and a high of $32.35 and is now at $31.95, 95% above that low price.
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