Insider Selling: Exfo Inc (EXF) Insider Sells 3,000 Shares of Stock

Exfo Inc (TSE:EXF) (NASDAQ:EXFO) insider Vikas Arora sold 3,000 shares of Exfo stock in a transaction on Friday, January 12th. The stock was sold at an average price of C$5.49, for a total transaction of C$16,470.00.

Shares of Exfo Inc (EXF) traded up C$0.11 during trading hours on Friday, hitting C$5.45. 6,290 shares of the company were exchanged, compared to its average volume of 29,861. The company has a market capitalization of $299.03, a price-to-earnings ratio of 275.00 and a beta of 0.20. Exfo Inc has a fifty-two week low of C$4.63 and a fifty-two week high of C$8.23.

Exfo (TSE:EXF) (NASDAQ:EXFO) last issued its quarterly earnings results on Tuesday, January 9th. The company reported C$0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.02. Exfo had a net margin of 1.34% and a return on equity of 1.79%.

Separately, National Bank Financial dropped their price target on shares of Exfo to C$5.75 and set a “sector perform” rating for the company in a research note on Thursday, October 26th.

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About Exfo

EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), 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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