PerkinElmer Inc.: The Winning Streak Continues (PKI)


(MENAFN- Investor Brand Network) Shares of PerkinElmer Inc. (NYSE:PKI) traded today at $192.00, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 633,000 shares traded hands, while the average 30-day volume is approximately 660,000 shares.

Based on a current price of $188.95, PerkinElmer Inc. is currently 39.5% above its average consensus analyst price target of $114.22.

PerkinElmer provides instruments, tests, services, and software solutions to the pharmaceutical, biomedical, chemical, environmental, and general industrial markets. The company operates in two segments: diagnostics, which includes prenatal screening and infectious-disease testing, and discovery and analytical solutions, composed of life science, industrial, environmental, and food applications. PerkinElmer offers products and services ranging from genetic screening to environmental analytical tools.

In the past 52 weeks, PerkinElmer Inc. share prices are bracketed by a low of $116.27 and a high of $192.00 and is now at $188.95, 63% above that low price.

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