Nucor Corporation: The Winning Streak Continues

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Shares of Nucor Corporation NUE traded at a new 12-month high today of $133.74. Approximately 922,000 shares have changed hands today, as compared to an average 30-day volume of 3.6 million shares.

Nucor Corporation manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.

In the past 12 months, shares of Nucor Corporation have traded between a low of $59.46 and a high of $133.74 and are now at $131.46, which is 121% above that low price.

Nucor Corporation is currently priced 0.4% above its average consensus analyst price target of $130.98.

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This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.