Insider Selling: Exfo Inc (EXF) Director Sells C$17,008.58 in Stock
Exfo Inc (TSE:EXF) Director Lee Huat Soo sold 4,160 shares of Exfo stock in a transaction that occurred on Tuesday, January 19th. The shares were sold at an average price of C$4.09, for a total transaction of C$17,008.58.
Separately, RBC Capital reiterated a “sector perform” rating and issued a C$5.60 price target on shares of Exfo in a research report on Thursday, January 7th.
Exfo Inc (TSE:EXF) opened at 4.20 on Monday. Exfo Inc has a 52 week low of $3.24 and a 52 week high of $5.10. The company has a 50-day moving average of $4.02 and a 200-day moving average of $3.98. The company has a market capitalization of $226.34 million and a PE ratio of 42.00.
EXFO Inc. is a provider of test and service assurance solutions for network operators and equipment manufacturers in the global telecommunications industry. The Company offers core-to-edge solutions that assess the performance and reliability of converged, Internet Protocol (TSE:EXF) fixed and mobile networks. 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. The Company offers products for network operators, for network equipment manufacturers and for life sciences and industrial customers.
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