Home / Market Movers / Perceptron Inc. (PRCP) Leads Tech Stocks with 3.18% at Midday on September 22

Perceptron Inc. (PRCP) Leads Tech Stocks with 3.18% at Midday on September 22

Perceptron Inc. (PRCP) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the technology sector during morning trading on September 22. At the lunch break, shares of PRCP have risen 3.18% to $6.81 after closing the day prior at $6.6. In the first two and a half hours of trading, the stock has gone as high as $6.81 and as low as $6.66. Today’s rise has come with about 2,036 shares changing hands, compared to an average 30-day volume of 15,278 for Perceptron Inc.. The price is currently below the 30-day volume weighted average price of $6.72 for PRCP.

The share appreciation gives the company a market capitalization of $61.85 million based upon 9.37 million shares outstanding. It also means that PRCP has a price-to-book ratio of 1.6:1.

In the past 52 weeks, shares of PRCP have traded as low as $4.18 and as high as $9.26. Technical traders will take note that at $6.81, shares of PRCP are trading above their 200-day MA at $5.69 and above their 50-day MA at $5.92. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.

Who is PRCP?

Perceptron Inc develops, produces and sells automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and 3D scanning. The company’s 323 employees are led by CEO W. Richard Marz from the corporate headquarters at 47827 Halyard Drive in Plymouth, MI.

For more information on PRCP and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

All data provided by QuoteMedia, with stock data accurate as of 12:00 PM ET. FinancialPress.com is not responsible for inaccuracies in third-party supplied information.

About FinancialPress.com

FinancialPress.com is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of FinancialPress.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://financialpress.com/legal-disclaimer/.

Check Also


A Slice of Pizza on Mars?

SpaceX founder and CEO Elon Musk Lays out His Plan to Colonize the Red Planet …