Thermo Fisher Scientific Inc: The Winning Streak Continues (TMO)

IBN Spotlights
Friday, September 24, 2021 at 3:51pm UTC

Thermo Fisher Scientific Inc (NYSE:TMO) traded at a new 52-week high today of $616.93. Approximately 342,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.

In the past 52 weeks, Thermo Fisher Scientific Inc share prices are bracketed by a low of $412.80 and a high of $616.93 and is now at $609.27, 48% above that low price.

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (17%); life science solutions (38%); and lab products and services (38%).

Based on a current price of $609.27, Thermo Fisher Scientific Inc is currently 26.4% above its average consensus analyst price target of $448.48.

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