Dynamic Technology Lab Private Ltd Purchases 12,319 Shares of Varex Imaging Co. (NASDAQ:VREX)

Dynamic Technology Lab Private Ltd raised its position in Varex Imaging Co. (NASDAQ:VREX) by 100.2% in the 3rd quarter, Holdings Channel reports. The firm owned 24,616 shares of the company’s stock after buying an additional 12,319 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Varex Imaging were worth $293,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Varex Imaging by 0.6% in the first quarter. Vanguard Group Inc. now owns 4,612,324 shares of the company’s stock worth $83,483,000 after buying an additional 29,511 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new position in Varex Imaging in the 1st quarter worth about $207,000. Comerica Bank raised its holdings in shares of Varex Imaging by 98.1% in the 1st quarter. Comerica Bank now owns 37,586 shares of the company’s stock valued at $680,000 after acquiring an additional 18,615 shares in the last quarter. First Hawaiian Bank boosted its position in shares of Varex Imaging by 32.9% during the 2nd quarter. First Hawaiian Bank now owns 31,049 shares of the company’s stock valued at $457,000 after acquiring an additional 7,686 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of Varex Imaging by 287.4% during the second quarter. Harbor Capital Advisors Inc. now owns 165,103 shares of the company’s stock worth $2,432,000 after purchasing an additional 122,488 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently weighed in on VREX. StockNews.com raised shares of Varex Imaging from a “hold” rating to a “buy” rating in a research note on Wednesday, November 27th. B. Riley began coverage on shares of Varex Imaging in a research report on Friday, August 23rd. They set a “buy” rating and a $21.00 price objective on the stock.

Varex Imaging Stock Up 0.9 %

Shares of VREX opened at $16.68 on Monday. The firm has a market cap of $685.55 million, a P/E ratio of -14.26 and a beta of 0.53. Varex Imaging Co. has a 1 year low of $10.19 and a 1 year high of $21.50. The stock has a 50 day simple moving average of $13.24 and a two-hundred day simple moving average of $13.50. The company has a debt-to-equity ratio of 0.72, a current ratio of 3.32 and a quick ratio of 1.97.

Varex Imaging Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.