Shares of Cognex Corporation (NASDAQ:CGNX) traded at a new 52-week high today of $146.00. This new high was reached on above average trading volume as 65.8 million shares traded hands, while the average 30-day volume is approximately 914,000 shares.
In the past 52 weeks, shares of Cognex Corporation have traded between the current low of $34.69 and a high of $92.17 and is now at $72.13.
Cognex Corporation (NASDAQ:CGNX) is currently priced 0.7% above its average consensus analyst price target of $71.60.
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the largest proportion of its sales in the United States and Europe.
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