What’s happening at Colfax Corporation (NYSE:CFX)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 3.84% (or 1.32 points) to $35.70 from its previous close of $34.38. So is it the right moment to buy?
The shares had an increased trading volume of 2,055,388 contracts this session compared to the average daily volume of last 10 days of 1,436,162 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 1,495,534 contracts.
The indicator of a company’s profitability, the earnings per share ratio is -3.55. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is negative and tells you exactly how much money the company lost per share of its 117.8M outstanding stock.
The closing market price for this trading session was 88.39% over 52 weeks minimum price of $18.95 and 2.54% under 52 weeks maximum price of $36.63. Also the price is 21.84% greater than 200 day average of $29.30 and 4.58% greater than 50 day average of $34.14.
Latest news that might have contributed to the great perfomance of CFX today are:
- Factors Setting the Tone for Apogee's (APOG) Q3 Earnings, published on Fri, 13 Dec 2019 15:07:03 +0000
- Cintas (CTAS) to Report Q2 Earnings: Beat in the Cards?, published on Fri, 13 Dec 2019 14:33:02 +0000
- Liam Kelly Appointed to Colfax Board of Directors, published on Wed, 11 Dec 2019 11:30:10 +0000