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NEW YORK ( TheStreet) -- Faro Technologies (Nasdaq: FARO) hit a new 52-week high Thursday as it is currently trading at $44.40, above its previous 52-week high of $44.01 with 52,375 shares traded as of 12:50 p.m. ET. Average volume has been 98,200 shares over the past 30 days. Faro has a market cap of $681.5 million and is part of the technology sector and electronics industry. FARO Technologies, Inc. designs, develops, manufactures, markets, and supports portable, software driven, three-D measurement systems used in a range of manufacturing, industrial, building construction, and forensic applications.