The stock of Exfo Inc (TSE:EXF) is a huge mover today! The stock is up 6.86% or $0.29 after the news, hitting $4.52 per share. About 46,170 shares traded hands or 1006.66% up from the average. Exfo Inc (TSE:EXF) has risen 18.82% since August 21, 2015 and is uptrending. It has outperformed by 14.55% the S&P500. The move comes after 6 months positive chart setup for the $101.42M company. It was reported on Mar, 30 by Barchart.com. We have $9.49 PT which if reached, will make TSE:EXF worth $111.56M more.
EXFO Inc. is a provider of test and service assurance solutions for network operators and equipment manufacturers in the global telecommunications industry. The company has a market cap of $101.42 million. The Firm offers core-to-edge solutions that assess the performance and reliability of converged, Internet Protocol fixed and mobile networks. It has 35.07 P/E ratio. The Company’s test and service assurance solutions specifically target high-growth market opportunities related to increasing bandwidth and improving quality of experience on next-generation networks: 3G, 4G/LTE (long-term evolution), 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.
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