Shares of Ferro Corporation (NYSE:FOE) traded at a new 52-week high today of $21.90. Approximately 6.6 million shares have changed hands today, as compared to an average 30-day volume of 268,000 shares.
Ferro Corp is a manufacturer of specialty materials. The company operates in two segments: Functional Coatings and Color Solutions. Its product portfolio includes frits, porcelain & other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. The Functional Coating segment contributes to the majority of its revenue. Ferro's products have applications in various markets such as electronics, appliances, automobiles, Consumer, Sanitary, and others. Its geographical segments are Europe, the Middle East & Africa; United States; Asia Pacific; and Latin America.
Ferro Corporation share prices have moved between a 52-week high of $21.90 and a 52-week low of $9.46 and are now trading 128% above that low price at $21.56 per share.
Based on a current price of $21.56, Ferro Corporation is currently 18.4% above its average consensus analyst price target of $17.59.
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