FARO Technologies (FARO, Financial) saw its stock price fluctuate, dropping by 5.02%. The stock is currently trading at $18.18 per share with a trading volume of 53,352 shares, a turnover rate of 0.27%, and an amplitude of 5.02%.
Recent financial data reveal that FARO reported revenue of $82.09 million and a net loss of $524,000, resulting in an earnings per share (EPS) of -$0.03. The company's gross profit stands at $44.79 million, with a price-to-earnings (P/E) ratio of -23.33. Currently, there are no institutional ratings for this stock, be it "buy," "hold," or "sell."
In the technology instruments sector, where FARO Technologies operates, the overall decline was 1.37%. Other notable stocks in this sector include Sono-Tek Corporation, Sobr Safe, Inc., and Mesa Laboratories, Inc. Sobr Safe, Inc., Saverone 2014 Ltd, and Blacksky Technology Inc. were particularly active with turnover rates of 23.44%, 4.75%, and 2.67%, respectively. The stocks with significant amplitude in this sector were Cepton Inc C/Wts 01/06/2027 (To Pur Com) with 46.09%, Sobr Safe, Inc. with 21.31%, and Focus Universal Inc. with 10.04%.
FARO Technologies is a company that designs, develops, manufactures, markets, and supports software-driven 3D measurement, imaging, and realization solutions for various markets including 3D metrology, architecture, engineering and construction (AEC), operations and maintenance (O&M), and public safety analytics. Their solutions allow clients to capture, measure, manipulate, interact, and share 3D and 2D data from the physical world in a virtual environment and then convert that information back to the physical domain. FARO's 3D products and software solutions are used in component and part inspection, rapid prototyping, reverse engineering, 3D documentation of large volumes or structures, and construction.
