FARO Technologies Inc. (FARO) is Trading Higher on Unusual Volume for January 21

Equities Staff |

FARO Technologies Inc. (FARO) experienced unusually high volume on Jan. 21, as the stock gained 11.79% to a closing price of $24.17. The stock saw 398,683 shares trade hands over the course of the day on 3,585 trades. Given that the stock’s average daily volume over the last month has been 149,718 shares a day, this represents a pretty substantial spike over the norm.

FARO Technologies Inc. has a P/B ratio of 1.22. It also has a P/E ratio of 24.9. The stock has traded between $64.00 and $20.72 over the last 52-weeks, its 50-day SMA is now $28.05, and its 200-day SMA $38.09.

Faro Technologies Inc designs, develops, manufactures, markets and supports software driven, three-dimensional (3-D) measurement, imaging and realization systems.

Headquartered in Lake Mary, FL, FARO Technologies Inc. has 1,223 employees and is currently under the leadership of CEO Simon Raab.

For a complete fundamental analysis analysis of FARO Technologies Inc., check out Equities.com’s Stock Valuation Analysis report for FARO. 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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