Caesarstone Ltd. (CSTE) Soars 20.28%

Caesarstone Ltd. (CSTE) Soars 20.28%

Caesarstone Ltd. is a Caesarstone Ltd manufactures engineered quartz surfaces.

Caesarstone Ltd. (CSTE) had a good day on the market for Tuesday December 29 as shares jumped 20.28% to close at $12.99. About 1.91 million shares traded hands on 11,852 trades for the day, compared with an average daily volume of n/a shares out of a total float of 34.43 million. After opening the trading day at $11.29, shares of Caesarstone Ltd. stayed within a range of $13.77 to $11.14.

With today’s gains, Caesarstone Ltd. now has a market cap of $447.31 million. Shares of Caesarstone Ltd. have been trading within a range of $15.86 and $7.66 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Caesarstone Ltd manufactures engineered quartz surfaces. The company’s products are quartz slabs, which are used as kitchen countertops in the renovation and remodeling, and residential construction end markets, as well as other applications, including vanity tops, wall panels, back splashes, floor tiles, stair, and other interior surfaces that are used in various residential and non-residential applications. Its products are sold under Caesarstone brand in the United States, Australia, Canada, Israel, Europe, and internationally. Geographically, it derives a majority of revenue from the United States.

Caesarstone Ltd. is based out of MP Menashe, and has some 1,501 employees. Its CEO is Yuval Dagim.

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