Parsons Corporation (NYSE:PSN) traded at a new 52-week high today of $43.45. This new high was reached on below average trading volume as 187,000 shares traded hands, while the average 30-day volume is approximately 465,000 shares.
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
In the past 52 weeks, Parsons Corporation share prices are bracketed by a low of $29.25 and a high of $43.45 and is now at $43.00, 47% above that low price.
Based on a current price of $43.00, Parsons Corporation is currently 15.8% above its average consensus analyst price target of $36.23.
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