Exfo Inc Declines Again; Strong Momentum for Sellers

 Exfo Inc Declines Again; Strong Momentum for Sellers

The stock of Exfo Inc (TSE:EXF) is a huge mover today! About 10,373 shares traded hands or 0.22% up from the average. Exfo Inc (TSE:EXF) has risen 13.79% since April 11, 2016 and is uptrending. It has outperformed by 9.86% the S&P500.
The move comes after 9 months negative chart setup for the $298.70 million company. It was reported on Nov, 15 by Barchart.com. We have $4.87 PT which if reached, will make TSE:EXF worth $41.82M less.

More recent Exfo Inc (TSE:EXF) news were published by: Seekingalpha.com which released: “Plug Into EXFO Inc” on October 18, 2016. Also Quotes.Wsj.com published the news titled: “News EXFO Inc.EXFO” on February 11, 2011. Streetinsider.com‘s news article titled: “EXFO, Inc. (EXFO) Acquires Majority of Absolute Analysis Assets” with publication date: October 31, 2016 was also an interesting one.

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 $298.70 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 25.66 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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