FARO Technologies Inc. (FARO) Plunges 8.66% on February 20

Equities Staff  |

FARO Technologies Inc. (FARO) had a rough trading day for Wednesday February 20 as shares tumbled 8.66%, or a loss of $-4.15 per share, to close at $43.77. After opening the day at $45.00, shares of FARO Technologies Inc. traded as high as $46.49 and as low as $43.13. Volume was 220,484 shares over 2,410 trades, against an average daily volume of n/a shares and a total float of 17.25 million.

As a result of the decline, FARO Technologies Inc. now has a market cap of $755.16 million. In the last year, shares of FARO Technologies Inc. have traded between a range of $70.20 and $37.58, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

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

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Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software driven, three-dimensional (3-D) measurement, imaging, and realization systems. The company's business segments are Factory Metrology, Construction BIM-CIM and Other. The Factory Metrology segment provides solutions for manual and automated measurement and inspection in an industrial or manufacturing environment. The Construction BIM-CIM segment provides solutions for as-built data capturing and 3D visualization in building information modeling and construction information management applications.

FARO Technologies Inc. is based out of Lake Mary, FL and has some 1,669 employees. Its CEO is Simon Raab.

FARO Technologies Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on FARO Technologies Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FARO’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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