PDT Partners LLC purchased a new position in Varex Imaging Co. (NASDAQ:VREX - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 151,211 shares of the company's stock, valued at approximately $1,802,000. PDT Partners LLC owned approximately 0.37% of Varex Imaging at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the business. Innealta Capital LLC purchased a new stake in Varex Imaging during the 2nd quarter valued at about $26,000. Canada Pension Plan Investment Board purchased a new stake in Varex Imaging during the 2nd quarter valued at about $38,000. Quest Partners LLC purchased a new stake in Varex Imaging during the 3rd quarter valued at about $41,000. CWM LLC grew its position in Varex Imaging by 2,384.2% during the 3rd quarter. CWM LLC now owns 9,589 shares of the company's stock valued at $114,000 after purchasing an additional 9,203 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD purchased a new stake in Varex Imaging during the 1st quarter valued at about $207,000.
Varex Imaging Stock Performance
Shares of NASDAQ VREX traded up $0.15 during trading on Friday, reaching $16.68. 372,585 shares of the company traded hands, compared to its average volume of 733,397. The firm has a 50 day simple moving average of $13.24 and a 200-day simple moving average of $13.50. The company has a quick ratio of 1.97, a current ratio of 3.32 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $685.55 million, a PE ratio of -14.26 and a beta of 0.53. Varex Imaging Co. has a 52-week low of $10.19 and a 52-week high of $21.50.
Analyst Ratings Changes
VREX has been the topic of several recent analyst reports. B. Riley initiated coverage on shares of Varex Imaging in a research report on Friday, August 23rd. They set a "buy" rating and a $21.00 price objective on the stock. StockNews.com raised shares of Varex Imaging from a "hold" rating to a "buy" rating in a research report on Wednesday.
Read Our Latest Stock Report on VREX
About Varex Imaging
(
Free Report)
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.
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