Motorola Solutions Inc. Looks to Continue to Trade Above its...| MENAFN.COM

Monday, 17 January 2022 09:51 GMT

Motorola Solutions Inc. Looks to Continue to Trade Above its Annual-High Share Price Today


(MENAFN- Investor Brand Network) Motorola Solutions Inc. (NYSE:MSI) traded at a new 52-week high today of $261.00. Approximately 185,000 shares have changed hands today, as compared to an average 30-day volume of 621,000 shares.

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Seventy-five percent of Motorola's revenue comes from government agencies, while 25% comes from its commercial customers. Motorola has customers in over 100 countries and in every state in the United States.

In the past 52 weeks, Motorola Solutions Inc. share prices are bracketed by a low of $163.16 and a high of $261.00 and is now at $260.69, 60% above that low price.

Motorola Solutions Inc. (NYSE:MSI) defies analysts with a current price ($260.69) 25.6% above its average consensus price target of $194.02.

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