ABM Industries Inc. Reaches New 12-Month High at $26.91 (ABM)
ABM Industries (NYSE:ABM)’s share price reached a new 52-week high during trading hours on Thursday, Stock Ratings News reports. The company traded as high as $26.91 and last traded at $26.85, with a volume of 143,736 shares traded. The stock had previously closed at $25.85.
Several analysts have recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of ABM Industries from $24.50 to $26.00 in a research note to investors on Friday, September 6th. They now have an “in-line” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of ABM Industries in a research note to investors on Wednesday, September 4th. They now have a $26.00 price target on the stock.
ABM Industries has a 52-week low of $17.95 and a 52-week high of $26.87. The stock’s 50-day moving average is $25.78 and its 200-day moving average is $24.29. The company has a market cap of $1.483 billion and a price-to-earnings ratio of 18.92.
The company also recently declared a quarterly dividend, which is scheduled for Monday, November 4th. Investors of record on Thursday, October 3rd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Tuesday, October 1st.
ABM Industries Incorporated (NYSE:ABM) is a provider of integrated facility solutions.
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