Faro Technologies Inc (NASDAQ: FARO): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

FARO belongs to the Technology sector of the NASDAQ while operating in the Scientific & Technical Instruments industry. The current market capitalization of Faro Technologies Inc is $487.50M. A total of 0.1 million shares were traded on the day, compared to an average of 151.85K shares.

In the most recent transaction, Horwath Matthew sold 645 shares of FARO for 26.13 per share on Dec 03 ’24. After the transaction, the SVP & Chief Financial Officer now owns 29,329 company shares. In a previous transaction on Dec 03 ’24, Horwath Matthew bought 645 shares at 26.13 per share.

Among the insiders who sold shares, WASSERMAN YUVAL disposed of 5,750 shares on Nov 06 ’24 at a per-share price of $19.21. This resulted in the Director holding 159,170 shares of FARO after the transaction. In another insider transaction, WASSERMAN YUVAL sold 6,222 shares at $17.75 per share on Nov 05 ’24. Company shares held by the Director now total 164,920.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, FARO has a high of $29.30 and a low of $13.52.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. FARO’s latest balance sheet shows that the firm has $121.99M in Cash & Short Term Investments as of fiscal 2021. There were $24.39M in debt and $98.88M in liabilities at the time. Its Book Value Per Share was $13.51, while its Total Shareholder’s Equity was $326.46M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FARO is Buy with a score of 4.50.

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