Cognex Corp. (CGNX) is Trading Higher on Unusual Volume for February 11

Equities Staff |

Cognex Corp. (CGNX) experienced unusually high volume on Feb. 11, as the stock gained 5.26% to a closing price of $32.62. The stock saw 977,962 shares trade hands over the course of the day on 7,837 trades. Given that the stock’s average daily volume over the last month has been 574,360 shares a day, this represents a pretty substantial spike over the norm.

Cognex Corp. has a P/B ratio of 3.41. It also has a P/E ratio of 14. The stock has traded between $52.48 and $28.01 over the last 52-weeks, its 50-day SMA is now $32.83, and its 200-day SMA $39.12.

Cognex Corp is a provider of machine vision products that capture and analyze visual information in order to automate tasks, mainly in manufacturing processes, where vision is required.

Headquartered in Natick, MA, Cognex Corp. has 1,322 employees and is currently under the leadership of CEO Robert Willett.

For a complete fundamental analysis analysis of Cognex Corp., check out Equities.com’s Stock Valuation Analysis report for CGNX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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