Box Inc. Class A (NYSE:BOX) traded at a new 52-week high today of $26.69. Approximately 1.8 million shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.
There is potential upside of 35.2% for shares of Box Inc. Class A based on a current price of $26.55 and an average consensus analyst price target of $35.90.
Box was founded in 2005 as a natively built cloud file sync and sharing provider for enterprises. Box is headquartered in Redwood City, California. Since the company's IPO in 2015, it has introduced seven new products, including Box Governance, Box Relay, and Box KeySafe, in an effort to extend its services beyond commoditized cloud storage and add ancillary tools like workflow and governance that make the Box platform more integral to organizations.
Over the past year, Box Inc. Class A has traded in a range of $15.07 to $26.69 and is now at $26.55, 76% above that low.
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