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Salesforce.com Inc.: The Earnings Continue To Rise

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Shares of Salesforce.com Inc. (NYSE: CRM) traded at a new 52-week high today of $285.73. Approximately 7.2 million shares have changed hands today, as compared to an average 30-day volume of 6.5 million shares.

Salesforce.com Inc. has overhead space with shares priced $283.75, or 38.0% below the average consensus analyst price target of $457.71.

Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company’s main customer relationship management software-as-a-service product. Salesforce.com also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.

Salesforce.com Inc. share prices have moved between a 52-week high of $285.73 and a 52-week low of $201.51 and are now trading 41% above that low price at $283.75 per share.

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