Commercial Metals Company (NYSE:CMC) traded today at a new 52-week high of $37.40. This new high was reached on below average trading volume as 277,000 shares traded hands, while the average 30-day volume is approximately 929,000 shares.
Commercial Metals Company (NYSE:CMC) is currently priced 2.5% above its average consensus analyst price target of $36.27.
In the past 52 weeks, shares of Commercial Metals Company have traded between a low of $19.44 and a high of $37.40 and is now at $37.20, which is 91% above that low price.
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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