Sunday, 26 September 2021 12:35 GMT

Watch for Continued Gains in Shares of Confluent Inc. (CFLT)

(MENAFN- Investor Brand Network) Confluent Inc. (NASDAQ:CFLT) traded today at a new 52-week high of $67.00. Approximately 945,000 shares have changed hands today, as compared to an average 30-day volume of 587,000 shares.

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company generates revenue from the sale of subscriptions and services.

Over the past year, Confluent Inc. has traded in a range of $42.31 to $67.00 and is now at $65.55, 55% above that low.

Confluent Inc. (NASDAQ:CFLT) defies analysts with a current price ($65.55) 45.6% above its average consensus price target of $35.68.

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