IPG Photonics Corporation (IPGP) is Trading Lower on Unusual Volume for February 15

Equities Staff |

IPG Photonics Corporation (IPGP) experienced unusually high volume on Feb. 15, as the stock lost 6.7% to a closing price of $76.07. The stock saw 1.12 million shares trade hands over the course of the day on 8,353 trades. Given that the stock’s average daily volume over the last month has been 538,949 shares a day, this represents a pretty substantial spike over the norm.

IPG Photonics Corporation has a P/B ratio of 3.31. It also has a P/E ratio of 18.2. The stock has traded between $102.49 and $70.21 over the last 52-weeks, its 50-day SMA is now $84.88, and its 200-day SMA $86.35.

IPG Photonics Corp develops and manufactures broad line of high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications in materials processing.

Headquartered in Oxford, MA, IPG Photonics Corporation has 3,030 employees and is currently under the leadership of CEO Valentin P. Gapontsev.

For a complete fundamental analysis analysis of IPG Photonics Corporation, check out Equities.com’s Stock Valuation Analysis report for IPGP. 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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