Commercial Metals Company (NYSE:CMC) traded at a new 52-week high today of $33.63. So far today approximately 427,000 shares have been exchanged, as compared to an average 30-day volume of 841,000 shares.
In the past 52 weeks, shares of Commercial Metals Company have traded between a low of $17.43 and a high of $33.63 and is now at $33.59, which is 93% above that low price.
Based on a current price of $33.59, Commercial Metals Company is currently 15.4% above its average consensus analyst price target of $28.43.
Commercial Metals operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.
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