Shares Of Dycom Industries Inc. (DY) Have Risen Above Previo...| MENAFN.COM

Saturday, 13 August 2022 12:04 GMT

Shares Of Dycom Industries Inc. (DY) Have Risen Above Previous 52-Week High


(MENAFN- Investor Brand Network)

Shares of Dycom Industries Inc. (NYSE:DY) traded today at $109.27, eclipsing its 52-week high. So far today approximately 142,000 shares have been exchanged, as compared to an average 30-day volume of 251,000 shares.

Dycom Industries Inc. (NYSE:DY) defies analysts with a current price ($106.18) 29.0% above its average consensus price target of $75.37.

Dycom Industries Inc provides contracting services in the United States and Canada. It offers program management, engineering, construction, maintenance, and installation services for telecommunications providers and utilities. Engineering services include the design of aerial, underground, and buried telecommunications systems that extend from telephone companies to end-users homes or businesses. Dycom Industries utilizes copper, coaxial cables, and other materials, and constructs trenches and structures to place the cables or improve distribution lines to consumers. In addition, the company provides tower construction, antenna installation, and other equipment for wireless carriers and television system operators. The majority of sales derive from the United States.

In the past 52 weeks, Dycom Industries Inc. share prices are bracketed by a low of $64.77 and a high of $109.27 and is now at $106.18, 64% above that low price.

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