Colfax Co. (NASDAQ:CFXA) was down 1.6% during trading on Tuesday . The company traded as low as $173.37 and last traded at $175.74. Approximately 3,757 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 30,877 shares. The stock had previously closed at $178.57.
The stock’s fifty day moving average price is $183.43 and its 200 day moving average price is $165.13.
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 15th. Stockholders of record on Wednesday, April 14th were given a $1.4375 dividend. The ex-dividend date of this dividend was Tuesday, April 13th. This represents a $5.75 annualized dividend and a dividend yield of 3.27%.
Colfax Company Profile (NASDAQ:CFXA)
Colfax Corporation operates as a diversified technology company worldwide. The company operates in two segments, Fabrication Technology and Medical Technology. The Fabrication Technology segment formulates, develops, manufactures, and supplies consumable products and equipment, including cutting, joining, and automated welding products, as well as gas control equipment.
Further Reading: Trading on Margin
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