FARO Technologies Stock News

Source: DesignRage / Shutterstock Last week, the U.S government confirmed what a lot of us already presumed. We are in a technical recession.

LAKE MARY, Fla. , July 19, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality, today announced that after market close on Wednesday, August 3, 2022,

FARO Technologies, Inc. (NASDAQ:FARO ) Q4 2021 Earnings Conference Call February 16, 2021 5:00 PM ET Company Participants Michael Burger – Chief Executive Officer Allen Muhich – Chief Financial Of

FARO Technologies, Inc. (NASDAQ:FARO ) Q1 2022 Earnings Conference Call April 27, 2022 5:00 PM ET Company Participants Michael Funari - Sapphire Investor Relations Michael Burger - Chief Executive Off

FARO earnings call for the period ending December 31, 2021.

FARO Technologies, Inc. (FARO) CEO Michael Burger on Q4 2022 Results - Earnings Call Transcript

SEATTLE , Feb. 8, 2022 /PRNewswire/ -- According to Coherent Market Insights , The global industrial robotics market was valued at US$ 49.0 Mn in 2019 and is forecast to reach a value of US$ 69.1 Mn by 2027 at a CAGR of 6.4% between 2020 and 2027. When we talk about Industrial robots, it is obvious that one will get the idea that it deals mostly with manufacturing operations. But, there are other parts of this big industry also. There are automated control panels, which are controlled by industrial robots. Some of the industries which use industrial robots are oil refineries, chemical plants, packaging and filling companies, air conditioning, refineries, heavy equipment, fencing, etc. The other parts of this industry which uses industrial automation are computer engineering, medical, electrical, electronics, mechanical, and even some IT industries. The most important part of any industry is definitely the manufacturing section which deals with the production of various goods like cars, appliances, and gadgets.

Faro Technologies Inc. (FARO) shares closed today at 0.2% above its 52 week low of $61.71, giving the company a market cap of $1B. The stock is currently down 10.5% year-to-date, down 13.9% over the past 12 months, and up 63.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 0.7%. Trading Activity Trading volume this week was 0.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 2.1% lower than its 5-day moving average, 8.3% lower than its 20-day moving average, and 12.0% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 518.0% The company's stock price performance over the past 12 months lags the peer average by -202.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -277.5% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Faro Technologies Inc. (FARO) shares closed today at 0.5% above its 52 week low of $63.29, giving the company a market cap of $1B. The stock is currently down 9.1% year-to-date, down 17.4% over the past 12 months, and up 66.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 14.5% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 1130.1% The company's stock price performance over the past 12 months lags the peer average by -216.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -285.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Bank of America Corp DE cut its holdings in shares of FARO Technologies, Inc. (NASDAQ:FARO) by 47.4% during the 2nd quarter, Holdings Channel reports. The firm owned 16,318 shares of the scientific and technical instruments companys stock after selling 14,691 shares during the period. Bank of America Corp DEs holdings in FARO Technologies were worth []

Parametric Portfolio Associates LLC lessened its holdings in FARO Technologies, Inc. (NASDAQ:FARO) by 26.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 51,680 shares of the scientific and technical instruments companys stock after selling 18,953 shares during the quarter. Parametric Portfolio Associates LLCs holdings in FARO Technologies were worth $4,019,000 as of its []

Companies in the LiDAR Market are Beijing SureStar Technology Co.Ltd., FARO Technologies, Inc., HEXAGON, Leica Geosystems, RIEGL Laser Measurement Systems GmbH, SICK AG, Teledyne Technologies, Trimble Inc., Velodyne Lidar, Inc., YellowScan and others Companies in the LiDAR Market are Beijing SureStar Technology Co.Ltd., FARO Technologies, Inc., HEXAGON, Leica Geosystems, RIEGL Laser Measurement Systems GmbH, SICK AG, Teledyne Technologies, Trimble Inc., Velodyne Lidar, Inc., YellowScan and others

Companies Profiled in the 3D scanning market are CyberOptics Corporation, NeoMetrix Technologies, Inc., Exact Metrology, Faro Technologies, Inc., GOM GmbH, 3D Systems, Inc., Autodesk, Inc., Quality Vision International, Maptek Pty Ltd., Topcon Corporation and others Companies Profiled in the 3D scanning market are CyberOptics Corporation, NeoMetrix Technologies, Inc., Exact Metrology, Faro Technologies, Inc., GOM GmbH, 3D Systems, Inc., Autodesk, Inc., Quality Vision International, Maptek Pty Ltd., Topcon Corporation and others