The stock of Exfo Inc (TSE:EXF) is a huge mover today! About 12,965 shares traded hands or 47.70% up from the average. Exfo Inc (TSE:EXF) has risen 26.75% since March 11, 2016 and is uptrending. It has outperformed by 21.26% the S&P500.
The move comes after 6 months negative chart setup for the $289.59 million company. It was reported on Oct, 18 by Barchart.com. We have $4.81 PT which if reached, will make TSE:EXF worth $31.85 million less.
More news for Exfo Inc (TSE:EXF) were recently published by: Streetinsider.com, which released: “EXFO, Inc. (EXFO) Misses Q4 EPS by 1c” on March 29, 2016. Seekingalpha.com‘s article titled: “Plug Into EXFO Inc” and published on October 18, 2016 is yet another important article.
EXFO Inc., formerly EXFO Electro-Optical Engineering Inc., designs, makes and markets test, service assurance and network visibility solutions for fixed and mobile network operators, Web-scale service providers, as well as equipment manufacturers in the global telecommunications industry. The company has a market cap of $289.59 million. The Firm focuses on network infrastructures, including fourth generation /long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments. It has a 25.31 P/E ratio. It also offers service assurance for next-generation Internet Protocol (IP) networks and into test equipment for second generation (2G) and third generation (3G).
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