What Next for Exfo Inc Stock After Today’s Huge Increase?

 What Next for Exfo Inc Stock After Today's Huge Increase?

The stock of Exfo Inc (TSE:EXF) is a huge mover today! About 16,100 shares traded hands or 52.74% up from the average. Exfo Inc (TSE:EXF) has risen 7.31% since April 12, 2016 and is uptrending. It has outperformed by 2.62% the S&P500.
The move comes after 6 months positive chart setup for the $293.78M company. It was reported on Nov, 16 by Barchart.com. We have $8.48 PT which if reached, will make TSE:EXF worth $138.08M more.

More news for Exfo Inc (TSE:EXF) were recently published by: Seekingalpha.com, which released: “Plug Into EXFO Inc” on October 18, 2016. Streetinsider.com‘s article titled: “EXFO, Inc. (EXFO) Acquires Majority of Absolute Analysis Assets” and published on October 31, 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 $293.78 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 26.35 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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