NASDAQ: NOVT       Novanta Inc
Last Price Today's Change   Day's Range   Trading Volume
88.24   +0.96 (1.10%)  87.61 - 89.26  176,600


Avg Volume (4 weeks):154,265
4 Weeks Range:78.12 - 93.67
4 Weeks Price Volatility (%):
52 Weeks Range:57.07 - 96.31
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Novanta Inc manufactures photonic and motion control components for original equipment manufacturers (OEM's) in the medical equipment and industrial technology markets. The firm operates in three segments: Laser Products, Vision Technologies, and Precision Motion. The Laser Products segment contributes the majority of revenue. It sells photonics-based solutions, including carbon dioxide laser sources, laser scanning, and laser beam delivery products. The Vision Technologies segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers. The Precision Motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue outside of the United States.

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