Benzinga | Aug 20, 2021 12:09PM EDT

Shares Of Adobe Inc. (ADBE) Exceed 52-Week High

Adobe Inc. (NASDAQ:ADBE) traded today at a new 52-week high of $652.00. This new high was reached on below-average trading volume as 406,000 shares traded hands, while the average 30-day volume is approximately 1.4 million shares.

Adobe Inc. (NASDAQ:ADBE) is currently priced 9.2% above its average consensus analyst price target of $589.15.

Adobe Inc. share prices have moved between a 52-week high of $652.00 and a 52-week low of $420.78 and are now trading 54% above that low price at $648.71 per share.

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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