Shares of Ferro Corporation (NYSE:FOE) traded at a new 52-week high today of $22.10. This new high was reached on below average trading volume as 203,000 shares traded hands, while the average 30-day volume is approximately 457,000 shares.
Ferro Corporation (NYSE:FOE) is currently priced 72.0% above its average consensus analyst price target of $6.12.
Ferro Corporation share prices have moved between a 52-week high of $22.10 and a 52-week low of $13.79 and are now trading 58% above that low price at $21.84 per share.
Ferro produces specialty materials sold to manufacturers in various industries. The company operates in two segments: functional coatings and color solutions. Its product portfolio includes frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. The functional coatings segment contributes the majority of the company's revenue. Ferro's products have applications in various markets such as electronics, appliances, automotive, consumer, sanitary, and packaging. Its geographical segments are Europe, the Middle East, and Africa; the United States; Asia-Pacific; and Latin America.
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