Colfax Corporation (CFX) Shares are Down -1.52%

Colfax Corporation (CFX) has risen sharply, recording gains of 3.41% in the past 4 weeks. However, the stock has corrected -1.52% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.62% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.78% and the fifty day Moving Average is 5.2%. Colfax Corporation is up 13.28% in the last three month period. Year-to-Date the stock performance stands at 30.02%.

Colfax Corporation (CFX) : 8 investment research analysts covering Colfax Corporation (CFX) have an average price target of $31 for the near short term. The highest target price given by the Brokerage Firm to the stock is $36 and the lowest target is $25 for the short term. Analysts expect the variance to be within $3.78 of the average price.


Colfax Corporation (NYSE:CFX): stock turned positive on Friday. Though the stock opened at $30.33, the bulls momentum made the stock top out at $30.82 level for the day. The stock recorded a low of $30.25 and closed the trading day at $30.36, in the green by 0.26%. The total traded volume for the day was 384,506. The stock had closed at $30.28 in the previous days trading.

Colfax Corporation is an industrial manufacturing and engineering company. The Company provides gas and fluid-handling, and fabrication technology products and services to commercial and Governmental customers around the world under the Howden, ESAB and Colfax Fluid Handling brand names. The Companys segments include gas and fluid handling, and fabrication technology. The gas and fluid handling segment supplies a range of products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps, fluid-handling systems and controls and specialty valves, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets. Fabrication technology segment formulates, develops, manufactures and supplies consumable products and equipment for the cutting and joining of steels, aluminum, and other metals and metal alloys.

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