U.S. Markets closed
  • Gold

    1,789.80
    -3.60 (-0.20%)
     
  • EUR/USD

    1.1602
    0.0000 (-0.0000%)
     
  • 10-Yr Bond

    1.6190
    -0.0160 (-0.98%)
     
  • Vix

    15.98
    +0.74 (+4.86%)
     
  • GBP/USD

    1.3769
    +0.0005 (+0.0399%)
     
  • USD/JPY

    114.1140
    -0.0150 (-0.0131%)
     
  • BTC-USD

    60,632.86
    -2,065.61 (-3.29%)
     
  • CMC Crypto 200

    1,470.05
    -35.10 (-2.33%)
     
  • FTSE 100

    7,277.62
    +54.80 (+0.76%)
     
  • Nikkei 225

    28,890.14
    -215.86 (-0.74%)
     

Shares Of Cisco Systems Inc. (CSCO) Exceed 52-Week High

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Cisco Systems Inc. (NASDAQ: CSCO) traded at a new 52-week high today of $58.98. Approximately 2.7 million shares have changed hands today, as compared to an average 30-day volume of 15 million shares.

Cisco Systems, Inc. is the world’s largest hardware and software supplier within the networking solutions sector. The infrastructure platforms group includes hardware and software products for switching, routing, data center, and wireless applications. Its applications portfolio contains collaboration, analytics, and Internet of Things products. The security segment contains Cisco’s firewall and software-defined security products. Services are Cisco’s technical support and advanced services offerings.

The company’s wide array of hardware is complemented with solutions for software-defined networking, analytics, and intent-based networking. In collaboration with Cisco’s initiative on growing software and services, its revenue model is focused on increasing subscriptions and recurring sales.

Cisco Systems Inc. share prices have moved between a 52-week high of $58.98 and a 52-week low of $35.28 and are now trading 67% above that low price at $58.91 per share.

Based on a current price of $58.91, Cisco Systems Inc. is currently 13.1% above its average consensus analyst price target of $51.22.

Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected

About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.

For more information, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/

Image Sourced from Pixabay

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.