Shares of SMART Global Holdings Inc. (NASDAQ:SGH) traded today at $62.74, eclipsing its 52-week high. Approximately 330,000 shares have changed hands today, as compared to an average 30-day volume of 441,000 shares.
SMART Global Holdings Inc. (NASDAQ:SGH) is currently priced 1.9% above its average consensus analyst price target of $58.40.
In the past 52 weeks, SMART Global Holdings Inc. share prices are bracketed by a low of $31.54 and a high of $62.74 and is now at $59.51, 89% above that low price.
SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. It specializes in application-specific product development and support for customers in the enterprise, government and original equipment manufacturer (OEM) markets. It operates in three primary product areas: Specialty Memory Products, Brazil Products which is the key revenue driver, and Specialty Compute and Storage Solutions. Its product revenues are derived from the sale of memory modules, flash memory cards, computing products, and storage products; and service revenues are derived from procurement, logistics, inventory management, temporary warehousing, kitting and packaging services. The company has a presence in the U.S., Europe, Asia, and Latin America.
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