Gerber Scientific Reaches New 52-Week High (GRB)

NEW YORK ( TheStreet) -- Gerber Scientific (NYSE: GRB) hit a new 52-week high Friday as it is currently trading at $11.18, above its previous 52-week high of $11.15 with 9,721 shares traded as of 10:16 a.m. ET. Average volume has been 492,800 shares over the past 30 days.

Gerber Scientific has a market cap of $278.8 million and is part of the industrial goods sector and industrial industry. Shares are up 41.4% year to date as of the close of trading on Thursday.

Gerber Scientific, Inc., through its subsidiaries, develops, manufactures, distributes, and services integrated automation equipment and software worldwide.
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TheStreet Ratings rates Gerber Scientific as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Gerber Scientific Ratings Report.

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