LeCroy Surges to New 52-Week High

Shares of LeCroy Corp. (LCRY) hit a new 52-week high of $11.27 during the Monday afternoon trading session.

The day’s range for shares of LeCroy Corporation has been between $9.95 and $11.27 per share. LCRY is currently trading above its 50-day MA of $9.37 and above its 200-day MA of $6.63. Shares are seeing significant volume; with about 90 min left in pit trade, LCRY has already traded more than 403.000 shares, well above the daily average volume of 145.000 shares.

The consensus price target of analysts covering the company’s stock is $13.50 per share.

At last check [2:12 p.m. EST], LCRY shares  were up over 13% to $11.20 in trading on the Nasdaq. In the past year, LeCroy Corporation has hit a 52-week low of $3.38 and 52-week high of $11.27.

LeCroy is a supplier of oscilloscopes and global communication protocol analyzers.

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About Ron Haruni 1068 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

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